“World Bank is a bank that's focused on economic development and povert...” — Jim Yong Kim Quote

World Bank is a bank that's focused on economic development and poverty alleviation.

My father came by himself across the North Korean border when he was seventeen. And hasn't seen his brothers or sisters or parents since then. And he died some time ago, but never saw any of his relatives. My mother was a refugee in war-torn Korea.

Social media has changed the world forever. We're not going to go backwards. People are not going to accept being poor, accept being excluded anymore.

What I learned from my work as a physician is that even with the most complicated patients, the most complicated problems, you've got to look hard to find every piece of data and evidence that you can to improve your decision-making. Medicine has taught me to be very much evidence-based and data-driven in making decisions.

If there was a payment to the bank due, and we needed shoes, she'd get the shoes, and then deal with them guys at the bank. I don't mean she wouldn't pay the bank, but the children always came first.

The World Bank is now the biggest culprit in the debt crisis.

Like a bank run, a decline in stock prices creates its own momentum.

A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.

The Greek debt issue, for example, is such a threat because if that country ever defaulted, it might cause some bank that's 'too big to fail' to actually fail.