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WORLD BANKER MAKES STUNNING CONFESSION -Is It worth Anymore Coming to North America or TO Europe for Higher Studies ?? Saturday, 19 May 2012 - 1:40 AM SL Time |  | |
A Comment:
This banker fails to inform students that around 60 percent of company`s operating in China are multi-national corporations. They of course operate all over the world and borders are of no consequence, whilst cheap labour (exploitation) and operating profit is of course.
`The Moneylenders preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy.` (US-President Abraham Lincoln) |
Source(s)
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Roshan2007
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 19 May 2012 02:30:52 GMT Report for Abuse
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A good narrative by the former world banker.
80-20 wealth distribution between west & Asia would become
35-65 between west & asia
he was happy he lived in good times of west, which may not be the case for the future generations of west. |
AnuD
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 19 May 2012 03:24:21 GMT Report for Abuse
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Yes,
Roshan:
See now it is better to go to India or China for higher studies.
Did you listen to that ? |
dumindak
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 19 May 2012 06:49:50 GMT Report for Abuse
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The Moneylenders preys upon the nation in times of peace-65279 and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy.
Money lenders rob money, the money otherwise could be used to increase production or used to buy essential items. This is the plain truth in sri lanka. formal and informal money lenders rob poor people with higher interest rate, sometimes it goes 10% a month and it lowers the standard of living of already battered poor people.
this must have been the case in USA those days , and Abraham Lincoln realised it. but in our case our leaders even do not know this is happening. |
dumindak
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Joined: Feb 2005
Posts: 6394
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19 May 2012 06:50:15 GMT Report for Abuse
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The Moneylenders preys upon the nation in times of peace-65279 and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy.
Money lenders rob money, the money otherwise could be used to increase production or used to buy essential items. This is the plain truth in sri lanka. formal and informal money lenders rob poor people with higher interest rate, sometimes it goes 10% a month and it lowers the standard of living of already battered poor people.
this must have been the case in USA those days , and Abraham Lincoln realized it. but in our case our leaders even do not know this is happening. |
dumindak
Senior Member
Joined: Feb 2005
Posts: 6394
Member Profile
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19 May 2012 06:51:00 GMT Report for Abuse
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The Money lenders preys upon the nation in times of peace-65279 and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy.
Money lenders rob money, the money otherwise could be used to increase production or used to buy essential items. This is the plain truth in sri lanka. formal and informal money lenders rob poor people with higher interest rate, sometimes it goes 10% a month and it lowers the standard of living of already battered poor people.
this must have been the case in USA those days and Abraham Lincoln realized it. but in our case our leaders even do not know this is happening. |
dumindak
Senior Member
Joined: Feb 2005
Posts: 6394
Member Profile
|
19 May 2012 06:51:35 GMT Report for Abuse
|
The Money lenders preys upon the nation in times of peace-65279 and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy.
Money lenders rob money, the money otherwise could be used to increase production or used to buy essential items. This is the plain truth in sri lanka. formal and informal money lenders rob poor people with higher interest rate, sometimes it goes 10% a month and it lowers the standard of living of already battered poor people.
this must have been the case in USA those days and Abraham Lincoln realized it. but in our case our leaders even do not know this is happening. |
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