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Debt-pushing as financial inclusion — Jomo Kwame Sundaram

Summary:
Like most U.S. appointees to head the [World] Bank, Banga had no experience or earlier interest in development finance. Now, he is obliged to pursue U.S. interests and agendas. He has already announced he will rely on the private sector for funds and ideas....Neo-feudalism. MR OnlineDebt-pushing as financial inclusionJomo Kwame SundaramOriginally published: IPS News on October 4, 2023

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Like most U.S. appointees to head the [World] Bank, Banga had no experience or earlier interest in development finance. Now, he is obliged to pursue U.S. interests and agendas. He has already announced he will rely on the private sector for funds and ideas....

Neo-feudalism. 

MR Online
Debt-pushing as financial inclusion
Jomo Kwame Sundaram
Originally published: IPS News on October 4, 2023
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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