SDR’s and the New Bretton Woods – Part Nine
Debt Swaps and Quota Reforms
By JC Collins
When I first started this blog I wrote a post titled China to Purchase the Federal Reserve. It was a very simple and broad explanation of everything we have been covering in this series. Let’s go full circle and revisit what was meant by the title of that post.
First, we need to understand something called Sovereign Debt Restructuring Mechanism (SDRM).
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