OK, if you're talking about 1942 only, I could see it. And the quote I cited did say "in late 1942", so, OK, I should read more thoroughly.

> in attritional war, stocks are less important than flows.

Yeah. And a prolonged war turns into an attritional war. And the US isn't in a great place for that right now.

One good thing about the Ukraine war is that it pointed this out to the US, now, while we're not directly involved.