Many of us believe that aid to Africa is crucial to lift people out of poverty. But not Dambisa Moyo. In a controversial new book, she argues that foreign aid has been a disaster for Africa and must be stopped. Moyo was born and raised in Zambia, but educated at Oxford and Harvard. She has worked for both the World Bank and Goldman Sachs. Her book is called Dead Aid.
@FutureLiberty oh yes are
mummyange 2 years ago
Future Liberty, Its called Debt because the borrower (in this case the US) is borrower from someone. China is the largest holder of US Debt issuances. China is financing a large part of the US budget.
1nassara 2 years ago
ehem, The U.S. IS NOT relying on China, or any one else for that matter, to finance its debt.
FutureLiberty 2 years ago
Oh, I get it now. Comments are being monitored. I mean no harm. I come in peace, promoting macroeconomic understanding and the Return of Public Purpose.
FutureLiberty 2 years ago