Overseas Aid is a self inflicted wound on Western Governments financial and economic attitudes. An ever growing bigger hole in our purses. Nobody resents giving donations to charity if they can afford to do so. But the Western Governments appear to be besotted by some unexplainable Death Wish to donate astronomic sums to Overseas Aid, which they cannot economically afford. These Governments have to actually borrow money simply to give it away and then pay the interest on their loan as well as pay the borrowed sum back..
This suicidal economic attitude results in all the Western countries having a colossal National Debt, whilst at the same time giving away Billions. It does not need a Masters Degree in Finance or Economics to conclude the result of this lunacy. Any person with a large debt who has an addiction to gambling, such that they borrow money to fund their compulsive habit, is destined to have a very hard time indeed.
The top ten lunatics in Overseas Aid extravagance are shown here :-
Overseas Aid recipient countries
And the World National Debt Clock is shown here :-
Just click on each country to see their debts, it is a real pitiful picture of generosity gone mad.
Tiny little UK is second only to the big United States in this insane frivolity of tempting financial and economic disaster by giving away money they have not got.
Each one of these generosity infatuated countries are professing internal economic gloom and doom whikst inflicting their populations with all kind of cuts, increased taxes, starving vital services of funds, cutting welfare benefits and enforcing many other domestic hardships.
The irony of all this Overseas Aid generosity extravaganza is that the material Aid and money handouts given do not go to the poor starving, poverty stricken people, it is siphoned off by the despots who rule these begging bowl countries, to enhance the ultra-lavish lifestyles of the ruling party members and their multitudes of minor officials and most often to provide their military rabble with modern weapons, so they can enjoy themselves killing thousands of their own people in various internal squabbles, bloody rampages, civil wars and aggressive mayhem towards others..
If Overseas Aid went to the purpose it is intended by our blind do-gooders, in preventing starvation, hardship and extreme poverty in the World, I would not be writing this thread, but it doesn't. So my attitude is for the Western Governments to cut this compulsive self induced drive towards suicidal economic ruin and look after their own country and peoples prosperity first.
Otherwise many of these Western countries will eventually join the Third World Begging Bowl Club. Then where will the Golden Goose of infinite and limitless generosity be then ?