FILE PHOTO: Luis Alberto Moreno, president of Inter-American Development Bank, attends the 2019 New Economy Forum in Beijing, China November 21, 2019. REUTERS/Jason Lee
The pandemic “will impoverish not only Latin Americans, the world in general, but clearly Latin America is going to be hit much harder because we are an emerging region,” he said. Though the sharpest contraction in the region has been in Venezuela, Moreno said the IADB cannot provide any funding for the government of President Nicolas Maduro because his administration is in default on some $700 million in loans.
Did he go to school for that?
Everyone will
So will already poor Americans
Amerikkka will be richer
We're all going to be poorer. The amount of money the government is spending will have to be paid back and at the rate, they are spending they will start taxing 401Ks and income at 80% before its all done
Everyone will be!
Wow! That’s a revelation of monumental proportions. Who would’ve thought!
Unfortunately, so will the entire world.
Yea, especially Venezuela... wait.
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