Purpose of world bank?
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Answer:
to take american tax dollars and lend them to 3rd S**T countries which have no solid financial system or sound financial laws for investors. 3rd world countries wastes the loans via corruption and end up defaulting on all the loans like argentina Now the us - the american tax payers are left holding the bag. google search will list all the countries that defaulted on their loans
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Other answers
I believe the true purpose of the World Bank is to act as the financial arm of a Global Government AKA New World Order. If you look it up you will find that any country that doesn't take money from the World Bank is labeled a belligerent country and is usually attacked in some way. Currently Venezuela and Iran come to mind. Two countries who never attacked another country ever and they are considered more dangerous than countries that attack people all the time.
Like any bank, they lend money to countries that cannot pay all the principle and high interest back, thus bankrupting them and Coca-Cola then moves in with it's private army to take control of destabilized countries, and steals there natural resources. The Amazon Rain Forest is being logged in order to barely keep up with the interest it owes to THE WORLD BANK. It will never be able to do so, and the Bank will not forgive debts. New Zealand went bankrupt 10 years ago. It could not re-pay the full amount of money it borrowed from the World Bank. It's iam is to do what all banks are set up to do. Steal your house and all your belongings because you are expected to default on your loan.
I believe the true purpose of the World Bank is to act as the financial arm of a Global Government AKA New World Order. If you look it up you will find that any country that doesn't take money from the World Bank is labeled a belligerent country and is usually attacked in some way. Currently Venezuela and Iran come to mind. Two countries who never attacked another country ever and they are considered more dangerous than countries that attack people all the time.
Mike
Like any bank, they lend money to countries that cannot pay all the principle and high interest back, thus bankrupting them and Coca-Cola then moves in with it's private army to take control of destabilized countries, and steals there natural resources. The Amazon Rain Forest is being logged in order to barely keep up with the interest it owes to THE WORLD BANK. It will never be able to do so, and the Bank will not forgive debts. New Zealand went bankrupt 10 years ago. It could not re-pay the full amount of money it borrowed from the World Bank. It's iam is to do what all banks are set up to do. Steal your house and all your belongings because you are expected to default on your loan.
to take american tax dollars and lend them to 3rd S**T countries which have no solid financial system or sound financial laws for investors. 3rd world countries wastes the loans via corruption and end up defaulting on all the loans like argentina Now the us - the american tax payers are left holding the bag. google search will list all the countries that defaulted on their loans
ghostrider8
A.
Sharon
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