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Thank you for cutting US financial aid

17 4 26
16.02.2019

Those examining the world looking for the effects of US financial aid would find that its results were not in the best interest of those receiving it. They would actually observe the following results.

Financial aid from the US and other countries encourages dependence on others and adversely affects the activities of productive countries, because it causes a lack of work and activity and a lack of self-reliance. It also leads to achieving a limited sense of self-sufficiency. It creates laziness and reduces creativity in innovative work and looking for means and methods of self-development.

A gateway for foreign intervention

Aid begins fairly innocently, but it acts as a strong gateway for growing US intervention in countries’ internal affairs. The US gradually influences decision-makers in the countries, and often lures some into working in its security agencies. This opens the country to US intelligence agencies. A few years later, the state finds itself in the palm of America’s hand in terms of security, allowing the US to change the government whenever it deems it appropriate.

After some time, the World Bank and International Monetary Fund (IMF) access the country’s internal arena and interfere in determining the country’s economic policy, such as determining the level of taxes and the types of goods for which the country should lift its subsidisation.

These funds then enter the world of politics, as the US uses it to determine the policy of a........

© Middle East Monitor