Originally posted by daviejones
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Reply to: World Bank lends $4.3bn to India
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Previously on "World Bank lends $4.3bn to India"
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Why would they do that? I thought they were all over here???
Who is actually lefty in India?
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Originally posted by Bright Spark View PostI guess that's where they got the money from to send all those satellites they sent up yesterday http://news.bbc.co.uk/1/hi/world/south_asia/8270200.stm
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Originally posted by TimberWolf View Posthttp://www.thisismoney.co.uk/news/ar...=2&expand=true
Who funds the world bank? Please don't tell me it's the UK, US, ...
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Originally posted by TimberWolf View PostI don't understand in the same way I don't understand what your back garden looks like, because understand is the incorrect word.
Anyway, take a look at this graphic and slide the bar to 2010, it's all red (deficit) apart from Saudi Arabia - Canada and Russia included. My original question related to where the money comes from, as it seems as if everyone is lending off each other regardless of whether they have a surplus or not.
China and Middle east has the biggest savings - so even if China run a annual deficit for a year or two they still have savings they can lend to others.
China and Middle East funds everyone else these days.
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Originally posted by sasguru View PostYou really don't understand economics do you?
The UK and US in particular can't fund anything with their huge debts.
Its the saver and oil countries, China and the Middle East etc that are funding our unsustainable standard of living.
HTH
Anyway, take a look at this graphic and slide the bar to 2010, it's all red (deficit) apart from Saudi Arabia - Canada and Russia included. My original question related to where the money comes from, as it seems as if everyone is lending off each other regardless of whether they have a surplus or not.
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Originally posted by TimberWolf View Posthttp://www.thisismoney.co.uk/news/ar...=2&expand=true
Who funds the world bank? Please don't tell me it's the UK, US, ...
The UK and US in particular can't fund anything with their huge debts.
Its the saver and oil countries, China and the Middle East etc that are funding our unsustainable standard of living.
HTH
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World Bank lends $4.3bn to India
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World Bank lends $4.3bn to India
http://www.thisismoney.co.uk/news/ar...=2&expand=true
Who funds the world bank? Please don't tell me it's the UK, US, ...Tags: None
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