The hundreds of billions wasted on foreign aid go straight into the pockets of the tyrants
That’s where all the foreign aid (which might be defined as a transfer from poor people in rich countries to rich people in poor countries) went as well.
The U.S. government still squanders about $20 billion a year this way, and European governments spend proportionally even more; it’s all gone straight down a giant rathole.
— Douglas Casey, Opportunity in Mozambique
Words of the Sentient 