SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: maxncompany who wrote (39108)4/29/2007 9:39:08 AM
From: loantech  Respond to of 78416
 
LOL. Not sure but IMO it is not pure safe money in the bank as some would say.

<Ecuador Boots World Bank as Correa Continues Crackdown Against Opponents>
foxnews.com



To: maxncompany who wrote (39108)4/29/2007 12:33:06 PM
From: E. Charters  Read Replies (2) | Respond to of 78416
 
No way RE would mess it up that bad. He is just eccentric to the extreme. The Ecuadorians are unwise.

They may be right about the world bank. It's modus operandi is to loan money such that nations cannot pay it back, thus creating perpetual debt.

If the WB is to loan a country money, it puts such provisos on the loan in the area of restrictions to internal domestic operations and international trade, that this so favours the lender it becomes an extreme detriment to the country's ability to pay the loan back.

EC:<-}