That's where all the foreign aid (which might be defined as a transfer from poor people in rich countries to rich people in poor countries) went as well. The U.S. government still squanders about $20 billion a year this way, and European governments spend proportionally even more; it's all gone straight down a giant rathole.

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Quote text and notes from Wikiquote: Douglas Casey (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.