ST Alpha - "Pentagon accounting error overvalued weaponry sent to Ukraine by $3b -- (link*)" (Reading a Post)

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Pentagon accounting error overvalued weaponry sent to Ukraine by $3b -- (link*)

Posted by znufrii May 18 '23, 20:04

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https://www.theguardian.com/us-news/2023/may/18/pentagon-weapons-ukraine-russia (www.theguardian.com)

Responses:

That is convenient. But I'd think 155mm howitzer shells don't depreciate until they come out the other end of a howitzer. -- nm - crash davis 😺 May 18, 20:12 1
- I get it, they were using LIFO previously and now we're going to be using FIFO - crash davis 😺 May 18, 20:13
So what you’re saying is that you’ve got another $3bil to spend on weapons to send? -- nm - Ukraine May 18, 20:10 1
- exactly -- nm - crash davis 😺 May 18, 20:12

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