onthedarkside Posted February 16, 2023 Share Posted February 16, 2023 The president of the World Bank will step down from his post in June, leaving the organisation almost a year before his term was due to end. David Malpass announced his decision on social media, without providing a specific reason for his departure. The pick of former US President Donald Trump, he has been criticised as a climate change denier. https://www.bbc.com/news/business-64657711 Link to comment Share on other sites More sharing options...
Chomper Higgot Posted February 16, 2023 Share Posted February 16, 2023 Good riddance. 2 Link to comment Share on other sites More sharing options...
placeholder Posted February 16, 2023 Share Posted February 16, 2023 (edited) This is a guy who kept on attempting to reassure the world that the problems in the housing market in 2007 weren't serious and in fact would probably extend economic growth. Trump’s hiring the Bear Stearns economist who promised the economy was fine right before it went bankrupt Famous last words: “Don’t panic about the credit market.” But despite decent paper credentials, Malpass has a striking track record of poor judgment about major economic issues over the past decade — cheerleading the economy on the verge of the Great Recession while warning of a collapse just as recovery was getting underway. https://www.vox.com/2017/3/15/14596938/david-malpass-treasury No wonder he got it wrong about climate change. He's a complete and utter ideologue. Edited February 16, 2023 by placeholder 2 Link to comment Share on other sites More sharing options...
Popular Post ozimoron Posted February 16, 2023 Popular Post Share Posted February 16, 2023 Everything Trump touches turns to .... 2 1 Link to comment Share on other sites More sharing options...
Bluespunk Posted February 17, 2023 Share Posted February 17, 2023 Bye bye, don’t forget to close the door on your way out. 1 Link to comment Share on other sites More sharing options...
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