Article Image
News Link • Economy - International

World Bank Could Run Out Of Money in a Year

• Telegraph

3 Comments in Response to

Comment by Lola Flores
Entered on:

 WB runs out of money in 2 years?  Well, no problem.  All we have to do is go to Tel Aviv to look for it and get it all back.

Comment by Jean Carbonneau
Entered on:

 According to Wiki, the World Bank obtains it's funding from the sale of  AAA-rated bonds in the financial markets.  The income is generated from its lending activities, with its borrowings leveraging its own paid-in captial, as well the investment on its float. 

It also obtains the majority of it's funds from 40 donor countries who replenish the bank's fund every 3 years, and from loan repayments, which then becomes available for relending.

My opinion is that the US should stop giving them money, and for the bank to be abolished. 

Comment by Forty Four O Nine
Entered on:

This make NO sence. How can one run of money when you print it out of thin air?


Join us on our Social Networks:

 

Share this page with your friends on your favorite social network:


Purse.IO Save on All Amazon Purchases