High Credit Spreads and Stealing from Developing Countries

This page addresses the complete crap and magic potion of adding enormous political risk premiums to interest rates in developing countries. The dramatic and unjustified transfer of wealth created by these premiums has two major guilty parities. One is Professor Damarodan of NYC and the other is the world bank. They do not understand the dramatic effects of very small differences in cost of capital over long periods and they apparently have not ever made a simple spreadsheet to quantify the magnitude of their idiotic formulas.  The World Bank does this to make a whole lot of extra profit and steal from developing countries. Damarodan does this because he applies nonsensical and seemingly sophisticated formulas that have no founding in reality.  To illustrate what I am talking about I have included a few files, videos and the associated explanations on this page.