The Trump administration reportedly said it had determined this funding ‘no longer effectuates agency priorities and that termination of the award is appropriate’
Usually Economic Shock Treatment was doled out by countries like the USA via their clandestine operations of the CIA with the intent to subjugate potential trade partners and force absurdly good deals for the USA. This kind of tomfoolery is part of what has allowed the US to retain such economic dominance without having to deeply improve conditions internally, because we just steal the wealth of the rest of the world while never actually fixing our own shitshow of a government.
Only recently has it become the norm for nations to self-impose this insanity on themselves, like Javier Milei in Argentina or Donald Trump in the USA… Doing it yourself… doesn’t work very well…
Mostly by strip mining the rest of the planet for profit.
https://en.wikipedia.org/wiki/Shock_therapy_(economics)
Usually Economic Shock Treatment was doled out by countries like the USA via their clandestine operations of the CIA with the intent to subjugate potential trade partners and force absurdly good deals for the USA. This kind of tomfoolery is part of what has allowed the US to retain such economic dominance without having to deeply improve conditions internally, because we just steal the wealth of the rest of the world while never actually fixing our own shitshow of a government.
Only recently has it become the norm for nations to self-impose this insanity on themselves, like Javier Milei in Argentina or Donald Trump in the USA… Doing it yourself… doesn’t work very well…