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The New DU. Reply #58: Borrowing in a market is fine.
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talkinghead
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Mon Feb-26-07 11:26 PM
Response to Reply #51 |
| 58. Borrowing in a market is fine. |
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I have no problem with this but the IMF and the World Bank lend money to nations that can't get private loans. They can't get these loans because the are huge credit risks. I sense that some of you think I am saying "fuck these countries" but this is not the case. On the contrary I think such policies are extremely harmful to them and are worsening their conditions. I hope one day it will stop and they will be allowed to pull themselves up.
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