(TheLastPatriotNews.com) – If there is one truism in life, during any war — especially a world war like the one now unfolding in Ukraine — the defense industry that supplies the weapons of death benefits the most, along with those who invest in the defense industry.
As innocent civilians and soldiers alike are maimed and killed — and millions of refugees who have lost their homes and all of their belongings are sent into poverty and across borders in search of safety — the manufacturers of weapon systems that grow ever more sophisticated and deadly with each passing year make billions upon billions of dollars.
As Breitbart notes in “Defense Stocks’ Outperform’ After Russian Invasion of Ukraine“:
“Defense stocks have outperformed the market in the wake of the Russian invasion of Ukraine, according to a recently published Bank of America global research report.
“‘The Russo-Ukrainian conflict has ensured investors of a rising defense budget and triggered the recent outperformance of defense names related to the S&P500,’ said the March 7, 2022, report by research analysts at Bank of America Securities and Merrill Lynch.
“The report predicted a boost in defense spending in both the U.S. and Europe that would bring the U.S. defense budget to a record $900 billion by fiscal year 2025.”
As the report bears out, for better or worse, a world war is financially good for the defense industry and its investors.
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