World Bank Group president says global economy is in a "sharp slowdown"

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David Malpass, World Bank Group president, said on “Face the Nation” that there is a debt crisis for developing countries and more are filling into crisis “one by one.”

#news #economy #worldbank

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De Value says:

So he wants to solve food shortage with loose monetary policy (printing money). What a genius, so wants to fight the high food prices with even more inflation, while people in USA could take that. how do you think it will affect people in Asia or Africa when everything gets even more expensive.

Jim Smith says:

America FIRST!!!

manny mo says:

He said the US is the world's biggest economy and can increase production more than anybody else, like what exactly, weapons and dollars? Sure everyone knows that the production of anything and everything is made in China and China is the biggest economy in the world, the only thing the US produce more than anyone else is debt

Joan Mercer says:

Biden's fault

ewetoob blowes says:

Not a good idea to believe bankers.

LaughingblueSu says:

Urine is good fertilizer.
Ready now!

Ed says:

Companies and banks have had plenty of money they don’t invest it back. The tax code has to revert to reward of productivity and wages and not greed.

Greg Smith says:

Time to focus on the environment and society instead of putting literally all eggs in the economic basket. Capitalism is clearly a failed political model (ps I am aware capitalism is economic but look at what the US government has done to bail out failed businesses and banks. How is that even remotely capitalistic????)

Amin Hamidian says:

FED and ECB killed capitalism by buying all those MBS. For the last 15 years in the EU no business model makes any sense except buying a house and renting it.

Huber Alex says:

Giống Éo Sà quá ta =))

Shirley Sear says:

Stop fear mongering. Get back to me when the whole world's economy has collapsed. Gheeesh!

drevilatwork says:

Aren't we supposed to have a recession every 10 years? Last one was in 2008. So we are 12 years overdue…

Blessed Hope says:

"Jesus said to him, 'I am the Way, the Truth, and the Life.
NO ONE comes to the Father except through Me."
John 14:6
"Is ANYTHING worth more than your soul?"
Mark 8:37

UsUaLly CeNsOrEd says:

Hoax 2.0 More show trials. Fool me once shame on you, fool me twice shame on me. These "hearings" are ran by the same liars who perpetrated the Russia hoax hearings which proved to be completely BS created by the Democrats themselves that cost taxpayers millions & millions all to get Trump. This committee? a collection of anti Trumpers Thompson, Raskin, Shiff. Aguilar. Just another sham attempt to smear Trump and taxpayers pay the bill again. Pelosi handpicking two Republicans RINOS, Liz Cheney & Adam Kezinger to make it appear fair and non partisan is not only slimy but an insult to all Americans intelligence. Zero credibility for this firing squad. Democrats aren't even good at corruption. Its not just Biden who is corrupt, the Democrats hid him from the American people, the press, because they knew he had cognitive issues. Trump had to deal with this 'Russia' scandal for all four years of his Presidency and was still hands down better than Biden. Today's Democrat party is corrupt to the core.

bob dunn says:

Democrats who voted “NO” on the bill to protect USSC Justices and their families. To this date the federal government has not supplied protection for the justices at their homes. Demonstrators are in violation of two federal laws. Merrick Garland has done nothing. This is the very same group thatvoted to de-fund the police. Is your state Rep listed? Joyce Beatty (Ohio), Jamaal Bowman (N.Y.), Cori Bush (Mo.), Veronica Escobar (Texas), Adriano Espaillat (N.Y.), Jesús García (Ill.), Sylvia Garcia (Texas), Josh Gottheimer (N.J.), Raúl Grijalva (Ariz.), Steven Horsford (Nevada), Pramila Jayapal (Wash.), Brenda Lawrence (Mich.), Barbara Lee (Calif.), Tom Malinowski (N.J.), Marie Newman (Ill.), Alexandria Ocasio-Cortez (N.Y.), Ilhan Abdullahi Omar (MN), Bill Pascrell (N.J.), Donald Payne (N.J.), Ed Perlmutter (Colo.), Ayanna Pressley (Mass.), Mikie Sherrill (N.J.), Albio Sires (N.J.), Rashida Tlaib (D-Mich.), Norma Torres (Calif.), Nydia Velázquez (N.Y.), Maxine Waters (Calif.) and Bonnie Watson Coleman (N.J.).

*10 of the 28 listed are from NY and NJ.

Anthony M. says:

Sooo if we ever get out of this inflation crisis will my Hillshire Farms kielbasi go back to 16 ounces from the current 14 ounce for the same price???

Clarke says:

<<ADVICE >> Inflation is killing my budget and my salary. I can't invest and it seems like I will need to sell all of my risk assets to keep my head above the water this year.<<>>

just cause says:

Biden did that.

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