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- cross-posted to:
- [email protected]
The United States has announced $345 million in military aid for Taiwan, in what is the Biden administration’s first major package drawing on America’s own stockpiles to help Taiwan counter China.
Black Rock and Vanguard are very happy to hear that.
It’s something we should all be happy about if we value peace and stability. If this aid package (and others moving forward) will help to deter an aggressive authoritarian power from pursuing their expansionist goals in the region, it’s money well spent. The cost of war is much higher and lives, unlike dollars, don’t come back.