this post was submitted on 06 May 2025
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Warren Buffett’s son is on track to donate $1 billion in aid to Ukraine this year—and pledges to continue despite Trump’s shaky relations (fortune.com)
submitted 3 weeks ago by bonnashejve to c/europePub
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[–] FuckyWucky@hexbear.net 9 points 3 weeks ago* (last edited 3 weeks ago) (2 children)

Surely he is doing this out of the goodness of his heart.

Edit:

Anyone know what he's actually doing? Is he making the existing farmland more productive or is he just buying land, plant and doing rent seeking?

“He understands very well that if a country that can feed 400 million people cannot clear its fields and loses at least $12 billion of GDP every year due to mined land, it’s a major challenge,” Svyrydenko said of Buffett.

Yea, clearing mines sounds good, but where is the data?

And what % is going to buying perfectly fine land for cheap and doing nothing about increasing productivity.

[–] bonnashejve 1 points 3 weeks ago

Surely he is doing this out of the goodness of his heart.

Edit:

Anyone know what he’s actually doing? Is he making the existing farmland more productive or is he just buying land, plant and doing rent seeking?

“He understands very well that if a country that can feed 400 million people cannot clear its fields and loses at least $12 billion of GDP every year due to mined land, it’s a major challenge,” Svyrydenko said of Buffett.

Yea, clearing mines sounds good, but where is the data? What % of $1b is going to mine clearing?

And what % is going to buying perfectly fine land for cheap and doing nothing about increasing productivity.

Well, thanks to donations Ukraine can order more drones which we use to mine clearing land and save more human lives. How you behave with your money determines the person who you are