The Twin Deficit Hitmen: How EXIM Bank Bleeds America Dry While Funding Its Rivals

It was a few years ago that I sat in the office of one of those “USAID leeches” aka passport bros in Asia, talking about asset management and capital raising. He suggested looking into an entity called Eximbank. Strange, isn’t it? A U.S. Treasury–affiliated organization that was supposedly set up to reduce the U.S. trade deficit yet operates more like a…