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Apr 30, 2004 09:53

Debate Stirs Over Tiny Loans for World's Poorest ( Read more... )

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anar_anar April 30 2004, 07:42:49 UTC
This disgusts me... only because... ugh.. I don't know, if we were to ELIMINATE things like the World Bank I am SURE there wouldn't be such extreme problems. Of course it's too late now and the IMF and World Bank are too connected to too many countries, to eradicate now would mess up so many things... ugh. just ugh.

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anjum April 30 2004, 11:48:59 UTC
hmm... I think you are confusing microcredit institutions with maco-lending institutions such as the World Bank and the IMF. They are very different. In their approach, their goals, structure, process, etc. The article mentioned that the World Bank provides funds for these initiatives but they are not the ones organizing it and overseeing it or even deciding how it is run.

if you'd like more information on microcredit, please let me know. But trust me, they are not doing the same thing as the World Bank and IMF.

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anar_anar May 2 2004, 22:31:40 UTC
no, not ahh... i suppose not what this article meant to point out... the world bank and imf are teh reasons we need things like this, why are people living in such damned poverty? its not right and not normal and if it werent for self serving organizations like the imf and world bank i really believe things wouldnt be AS bad... look at jamaica... who will always be in debt. always. and the people always suffering. for such a beautiful country with all the tourism money that comes in and whatnot... to be so badly off? it doesnt make sense. but if we were to eliminate programs like the world bank everything would be shot to hell as its involved with near every country now. im off topic completely, agh, what im attempting to say in my half sleep rambling is that there shouldnt be a need for microcredit lending or anything of the sort... there shouldnt BE problems like this...a nd tehre should NOT be institutions like the world bank and imf

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meemsaymazaah May 9 2004, 20:30:50 UTC
salaams. this is absurdistx, couldn't stay away from LJ for long. just wanted to stop by and say hi :)

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anjum May 10 2004, 20:06:56 UTC
aww hey! thanks for commenting.. i'll add ya right now!

btw--are you coming to DC this summer?

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meemsaymazaah May 10 2004, 20:11:56 UTC
looks like it! karamah needs to get back to me about housing arrangments, but if all goes well (my mom doesn't freak out at the last minute lol) i should be there from july 1st - aug. 10th

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anjum May 14 2004, 09:36:18 UTC
oh goodie! :)

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