This, from the same schmuck who less than a week ago was talking down the dollar as a reserve currency. Nothing but propaganda and posturing...
Oh the brilliant twisted irony of the fact that the banks' own system is destroying them from the inside out for their dishonesty. Low income countries are going to be better off without a world bank, period.
Emmmm ... I'm not an economist which will be painfully obvious with my next question: if having debt means you're broke, aren't most households, most companies and all countries broke?