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Shutdown: US ‘days’ from causing worldwide economic disaster, says World Bank
Belfast Telegraph ^ | 13 October 2013 | Kashmira Gander

Posted on 10/13/2013 6:49:40 PM PDT by Olog-hai

The United States is just “days away” from causing a global economic disaster unless politicians devise a plan to raise the nation’s debt limit and avoid defaulting, the president of the World Bank has warned. …

“We're now five days away from a very dangerous moment,” Jim Yong Kim said in a briefing on Saturday, then the 11th day of the crisis, following a meeting of the bank’s Development Committee in the US capital Washington DC. …

(Excerpt) Read more at belfasttelegraph.co.uk ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: debtceiling; economicdisaster; shutdown; worldbank
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To: Olog-hai

F the world bank. Without the US there is no world bank.


21 posted on 10/13/2013 7:07:23 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Olog-hai

Joke’um! Give’um a dollar.


22 posted on 10/13/2013 7:07:33 PM PDT by higgmeister ( In the Shadow of The Big Chicken!)
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To: Olog-hai; All

I wish people, including many Freepers, would just wake the hell up.

THIS IS ABOUT POWER, and the naked application of it.

Obama isn’t going to negotiate. It’s his way, or the highway. He said he would “Fundamentally transform this nation”, and a shutdown/default goes a long way toward that, helping to fulfill the dream of the Black National Socialists, and the Academic Socialist Radicals, that the NWRO, which later became ACORN/SEIU was founded for express purpose of, CRASHING THE SYSTEM.


23 posted on 10/13/2013 7:08:28 PM PDT by tcrlaf (Well, it is what the Sheeple voted for....)
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To: svcw
Fixed your typo:
So not only does the US have 50% of its people dependent on the government, we’ve got the whole world dependent on it as well.
We They are so screwed
No need to thank me...
24 posted on 10/13/2013 7:09:45 PM PDT by null and void (I'm betting on an Obama Trifecta: A Nobel Peace Prize, an Impeachment, AND a War Crimes Trial...)
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To: Olog-hai

Let it. It’s going to happen eventually anyway. Might as well happen before our military is gutted of patriots and filled with dykes, fags, and wetbacks.


25 posted on 10/13/2013 7:11:10 PM PDT by DangerZone (If the left had their way, all of America would be as safe as Sandy Hook Elementary.)
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To: Georgia Girl 2

My concern is that Obama would gladly default to get what he wants (I’m not quite sure what he wants besides raw power). I wonder if the GOP realizes this?


26 posted on 10/13/2013 7:11:11 PM PDT by PghBaldy (12/14 - 930am -rampage begins... 12/15 - 1030am - Obama's advance team scouts photo-op locations.)
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To: rockinqsranch
Will the screwball socialist sycophants say that Keynes was proved right or finally proved wrong?
27 posted on 10/13/2013 7:14:57 PM PDT by higgmeister ( In the Shadow of The Big Chicken!)
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To: Olog-hai
Oh my Gawd !!

Big Bird shurgs, grabs his harpoon and dirty red bandanna to shoot some cash.

28 posted on 10/13/2013 7:15:55 PM PDT by Rashputin (Jesus Christ doesn't evacuate His troops, He leads them to victory)
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To: tcrlaf
I wish people, including many Freepers, would just wake the hell up.

I hear ya. This analyzing things as though it's "business as usual" is just maddening.

29 posted on 10/13/2013 7:16:28 PM PDT by riri (Plannedopolis-look it up. It's how the elites plan for US to live.)
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To: Paladin2

Gets harder and harder to determine hats fact, fiction, or propaganda wielded by the tyrant’s agents that lie or distort the facts for them...


30 posted on 10/13/2013 7:16:35 PM PDT by jsanders2001
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To: riri

What a joke

the whole idea that the US or world economy cannot function while some government functionaries are on paid vacation is a BIG JOKE


31 posted on 10/13/2013 7:17:22 PM PDT by GeronL
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To: jsanders2001

It keeps getting harder and harder to determine whats fact, fiction, or propaganda wielded by the tyrant’s agents that lie or distort the facts for them...


32 posted on 10/13/2013 7:17:44 PM PDT by jsanders2001
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To: PghBaldy

My concern is that Obama would gladly default to get what he wants (I’m not quite sure what he wants besides raw power).


Most likely, he knows with great clarity what he doesn’t want but has no clue as to what he wants.


33 posted on 10/13/2013 7:19:15 PM PDT by PeterPrinciple
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To: tcrlaf
Obama isn’t going to negotiate. It’s his way, or the highway. He said he would “Fundamentally transform this nation”, and a shutdown/default goes a long way toward that, helping to fulfill the dream of the Black National Socialists, and the Academic Socialist Radicals, that the NWRO, which later became ACORN/SEIU was founded for express purpose of, CRASHING THE SYSTEM.

Then we all fight for what's left. They fight for the collective. We fight for individual human rights and freedom. Guess who will win?

34 posted on 10/13/2013 7:20:02 PM PDT by higgmeister ( In the Shadow of The Big Chicken! PS: they are afraid of guns.)
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To: tcrlaf
Maybe, but when are our overlords in China going to pick up the phone?

Hey, Obama, have your fun, but you work for us, remember?

35 posted on 10/13/2013 7:20:36 PM PDT by AdSimp
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To: GeronL

Personally, I’d like to see the World Bank shut down permanently.


36 posted on 10/13/2013 7:20:54 PM PDT by riri (Plannedopolis-look it up. It's how the elites plan for US to live.)
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To: Olog-hai

Well, if thats true, I guess all the little people are going to have to take all their money out of their accounts.


37 posted on 10/13/2013 7:21:22 PM PDT by grumpygresh (Democrats delenda est. New US economy: Fascism on top, Socialism on the bottom.)
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To: tcrlaf

And the remedy is to . . . ?


38 posted on 10/13/2013 7:21:31 PM PDT by Olog-hai
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To: Oldeconomybuyer

> F the world bank. Without the US there is no world bank.

I think that’s sort of what they are saying...: )


39 posted on 10/13/2013 7:21:45 PM PDT by jsanders2001
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To: grumpygresh

> Well, if thats true, I guess all the little people are going to have to take all their money out of their accounts.

Seriously considering it.


40 posted on 10/13/2013 7:22:32 PM PDT by jsanders2001
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