https://old.reddit.com/r/worldnews/comments/1gw44qk/biden_administration_moves_to_forgive_47_billion/
The Biden administration has moved to forgive about $4.7 billion in U.S. loans to Ukraine, State Department spokesperson Matthew Miller said on Wednesday, as outgoing officials seek to do what they can before leaving office to bolster Ukraine in its war against Russia.
A funding bill passed by the U.S. Congress in April included just over $9.4 billion of forgivable loans for economic and budgetary support to Ukraine's government, half of which the president could cancel after Nov. 15. The bill appropriated a total of $61 billion to help Ukraine fight the full-scale invasion Moscow launched in February 2022.
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Oh so the whole "these are just loans we're not actually giving them the money" argument was bullshit? Alas...
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No no - the fact that he has to forgive the loans proves he was telling the truth
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You. We could use people like you at the State Department for our new online outreach program.
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Is this new? I know it also happened with PPP. Is this common thing? I assume yes but don't know any other examples. I'm feeling bit
rn.
!burgers discuss
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All of NATO
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Also happened with Russian lend lease. Basically Slavs are BIPOC
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How much do you think burgerstan got back from all those P-40s they shipped to Russia and China in WW2?
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China recieves 1% total of all Lend-Lease. You're thinking of
which got 2/3 (probably including 
, not sure)
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I think we got bongland's overseas bases
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That was specifically for a few obsolete destroyers, not anything else
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Soviets paid like 1 billion dollars (1940s dollars) for the lend lease stuff, it just took them a long time to finish paying it
the whole idea of lend lease is that anything destroyed in combat (aka most of it) doesn't require payment and they return anything they didnt pay for it, which they mostly did
after the war the US had fields and fields of planes after WW2 that were just scrapped anyway
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Well, I guess we saved some Jews...
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Always has been. Loans to developing countries sink more often than people think.
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