[careinke]

Way to go Russia! Thanks for doing what we don't have the will to do.

http://worldnews.nbcnews.com/_news/2012/09/19/13956839-russia-tells-us-we-dont-want-your-aid-money#comments

We should take the savings and apply it to the debt.

[ralfy]

I think foreign aid makes up less than 1 pct of national income. Much more will have to be done to pay for debt.

[careinke]

I think foreign aid makes up less than 1 pct of national income. Much more will have to be done to pay for debt.

True, but every billion helps.

[autonomous]

"Foreign aid is taking money from the poor people of a rich country and giving it to the rich people of a poor country"

R. Paul

[ralfy]

True, but every billion helps.

The only thing that will help is decreasing borrowing and spending.

[dissident]

http://en.rian.ru/mlitary_news/20121010/176527879.html

"Russia Quits Nunn-Lugar Program"

That's more savings. But really a tiny drop in the bucket. The real problem is the looney tunes fiscal policy set by Helicopter Ben and the whole debt Ponzi scheme that has been fluffing up OECD economies for decades. The chickens are coming home to roost.