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[quote=Anonymous][quote=Anonymous]You guys should definitely be discussing all of this—including potential things they could do to cause harm—on an open forum. Great idea.[/quote]

They have already thought of what they'll do. It's better for people to be aware and also better to clear up misunderstandings about the institutions. Beyond that, withdrawing could cause a major dent and ripple effect to the DMV economy. Especially on top of the Fed stuff.

The bank and the fund are one of the most important foreign policy tools for the U.S. The U.S. has veto power at both institutions. Within the past ten years, some countries starting borrowing bilaterally from countries like China and India to get away from the conditions they must meet to take WB or IMF money. If countries are unable to repay, they have to give up collateralized assets. In the case of Sri Lanka, this was a port.In other countries, it's natural resources.   Loans can also be given quickly to countries of interest to the U.S. in a way that bypass congressional approval and other bottlenecks.  If you want to weaken U.S. influence in the world, withdrawing would do that.  The far right and the far left tend to hate the institutions. But most administrations do understand their value. [/quote]

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