The game is dirty and has lasted 70 years. It came with the idea of development as imitating, but not catching up, with the West, for all states, including the deluge of states due to decolonization. The formula for big profit is simple: give credit to a country poor enough not to be able to pay it off quickly, yet not so poor that it cannot go on servicing the loan for years. To be worthwhile the project must be capital-intensive, like (air)ports and highways to the (air)ports for import-export, assembling cars–something for the rich. Investment to lift up people in misery, or ravished nature, makes no sense: the poor need very little capital and can only pay back in labor, whereas nature pays back but is not capitalized. Ideally, the country asks for more credit to service the first, and a second, third loan is then offered at higher...