SDR’s and the New Bretton Woods – Part Eight
The Dawn of Macroeconomic Stability
By JC Collins
“We are working with Congress to approve the 2010 IMF quota legislation, which would support the IMF’s capacity to lend additional resources to Ukraine, while also helping to preserve continued U.S. leadership within this important institution,”
– U.S. Treasury Secretary Jack Lew, Mar 4, 2014.
“An attempt to announce sanctions would end in a crash for the financial system of the United States, which would cause the end of the domination of the United States in the global financial system.”
– Russian Senior Adviser Sergei Glazyev, Mar 4, 2014.
“We are also discussing with all our international partners–bilateral and multilateral–how best to help Ukraine at this critical moment in its history.”
– Managing Director Christine Lagarde, I.M.F., Feb 27, 2014.
This part of the series is important because it contains valuable and timely information that both confirms and…
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