Technology
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
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Rules:
1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed
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Did the citizens of that country take the loan? No
Did they benefit at all from the loan? No
Did the world bank make any effort to ensure the above were answered 'yes'? No
When you make a leveraged loan are you supposed to be guaranteed that the it was risk free? No
If leveraged loans could be made risk-free 'breal your legs' style the way the world bank does to countries, banks would be offering loans to every punter who wanted to bet on the dogs.