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Line 2: + − [[File:KabulHasFallen.png|right|300px|thumb|The [[Fall of Kabul]].]]
Military-industrial complex (view source)
Revision as of 19:03, August 24, 2021
, 19:03, August 24, 2021→Afghan war
==Afghan war==
==Afghan war==
[[File:KabulHasFallen.png|right|300px|thumb|The [[Fall of Kabul]].]]
{{See also|Afghanistan War}}
{{See also|Afghanistan War}}
''The Intercept''‘s Jon Schwarz examined returns on stocks of the five biggest defense contractors: [[Boeing]], Raytheon, [[Lockheed Martin]], [[Northrop Grumman]], and General Dynamics. Schwarz found that a $10,000 investment in stock evenly split across those five companies on the day in 2001 that then-President Georg W. Bush signed the authorization preceding the US invasion would be worth $97,295 this week, not adjusted for inflation, taxes, or fees. According to ''The Intercept:''
''The Intercept''‘s Jon Schwarz examined returns on stocks of the five biggest defense contractors: [[Boeing]], Raytheon, [[Lockheed Martin]], [[Northrop Grumman]], and General Dynamics. Schwarz found that a $10,000 investment in stock evenly split across those five companies on the day in 2001 that then-President Georg W. Bush signed the authorization preceding the US invasion would be worth $97,295 this week, not adjusted for inflation, taxes, or fees. According to ''The Intercept:''
{{quotebox-float|"This is a far greater return than was available in the overall [[stock market]] over the same period. $10,000 invested in an [[S&P 500]] index fund on September 18, 2001, would now be worth $61,613. That is, defense stocks outperformed the stock market overall by 58% during the Afghanistan War."<ref>https://theintercept.com/2021/08/16/afghanistan-war-defense-stocks/</ref>}}
{{quotebox-float|"This is a far greater return than was available in the overall [[stock market]] over the same period. $10,000 invested in an [[S&P 500]] index fund on September 18, 2001, would now be worth $61,613. That is, defense stocks outperformed the stock market overall by 58% during the Afghanistan War."<ref>https://theintercept.com/2021/08/16/afghanistan-war-defense-stocks/</ref>}}