I mean, the world has already done a big, big effort to forget debt to countries heavily indebted and with low income. And that has given good chances to countries to get out of poverty.
More Quotes from Rodrigo Rato:
I don't think it's a traumatic situation, but I do think a change in policy is needed to avoid getting into a traumatic situation.Rodrigo Rato
Oil prices have certainly become a threat for the world economy.
Rodrigo Rato
We see clearly that governments have to make consumers and companies aware of the true prices. This is not going to be just a short-lived increase in the oil prices.
Rodrigo Rato
To try to correct imbalances with trade restrictions is a grave error.
Rodrigo Rato
This is an institution based on the representation of countries based on their economic weight in the world economy. The world economy is not a frozen thing it changes over time.
Rodrigo Rato
And it's also producing a growth in debt to the United States that will weight very heavily in a country that has to address issues like having more old people to be covered by Social Security or by pension in the future.
Rodrigo Rato
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Based on Topics: Poverty Quotes, World QuotesBased on Keywords: indebted
Deep experience is never peaceful.
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Never eat broccoli when there are cameras around.
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According to this way of arguing, there will be no true principles in the world; for there are none but what may be wrested and perverted to serve bad purposes, either through the weakness or wickedness of men.
Jonathan Mayhew