Why Is a Broke America Lending Billions to the Gulf?

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 […]

What it Means

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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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