Why Is a Broke America Lending Billions to the Gulf?
About this episode
The episode discusses the paradox of the U.S. lending billions to wealthy Gulf nations despite its own massive debt.
The U.S. is broke. So why is it lending billions to the Gulf right now? $38 trillion in debt. Can't balance a budget. And yet Washington is handing emergency dollars to Saudi Arabia and the UAE — countries that don't need charity. It looks like a broke man bailing out his rich neighbor. Except it's not what it looks like. It's a trick.
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