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[–]RandomCollection[S] 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (0 children)

Because of institutional inertia.

The US was looked up to after WW2, despite its failures and outright atrocities at times (like the regime change operations) because it provided a high standard of living to its citizens. The Marshall Plan and similar projects also were important for that reason.

Just an FYI, but right now Russia has been doing a lot of debt forgiveness. So too has China (contrary to the predatory loans myth, which is really the IMF and World Bank).