The Story of Foreign Money in Armenia

This is a story about money. Lots and lots of money. Money that most people in Armenia have never seen but which has affected every last Armenian life. This is a story of millions upon millions of dollars, thousands of foreign-funded activists and the hundreds of organizations that usurped power in Armenia and led the country to the edge of the abyss.

At the end of the Soviet Union, Francis Fukuyama claimed that with the fall of Soviet communism, liberal democracy had won, calling it “the end of history.” Fukuyama and others believed that liberal democracy was the last remaining option believing that liberal democracy would naturally take over the world. It did not take long for people, including Fukuyama himself, to realize that this was a pipe dream and that liberal democracy could not be considered an eventuality. Thus was born the goal of imposing liberal democracy on the newly independent states of the former Soviet Union and the Eastern Bloc.

But there was one distinction. During the Cold War, the West, led by the United States, had actively armed local subversives and even executed coup d’etats through the…