World Bank lends $4.3bn to India

[TimberWolf]

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, ...

[MrMark]

World Bank lends $4.3bn to India

Used to be a lot of money once.... wouldn't get out of bed for that now!

[DimPrawn]

UK burns that up in increased debt in a few days. Chicken feed.

[sasguru]

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, ...

You 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

[TimberWolf]

You 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

I 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.

[ThomasSoerensen]

I 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.

This picture shows anual surplus or deficit. From this you can not see accumulated ned debt or "savings" of the country.
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.

[Bright Spark]

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, ...

I 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

[ThomasSoerensen]

I 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

no, they got that particular pot of money by doing your job cheaper

[daviejones]

Why would they do that? I thought they were all over here???

Who is actually lefty in India?

[Churchill]

Why would they do that? I thought they were all over here???

Who is actually left in India?

You should see how many there are in Thailand!