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by heisgone
125 days ago
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The inability of the US to maintain soft power, or any power that isn't rooted in the use of force, will be its international demise. An American belt and road initiative would be politically impossible. So instead, you have those timid humanitarian aids program which largely served as intelligence and subvertion network. Those NGOs end up being so secretive that most of the money disapears in the pockets of the middleman. Another problem is the US is broke. With a 6% of the GDP deficit, it can't invest abroad. This is the curse of being the reserve currency. Subversion is the only thing the U.S. can afford. Countries around the world knew that about the U.S. and USAID. |
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This isn't a problem if the money is well spent.
The problem is that a very small fraction of the money is being spent on anything that can reasonably be considered "an investment".