Devaluations are never easy.
From Jeffrey Sachs
Let's start fresh with Russia on some real help and some real reform.
There's a lot of strength in the U.S., but there's a lot of froth also. The froth will blow off. We're going to have to face up to some realities that we're not fully facing up to right now.
Roosevelt talked not only about Freedom from Fear, but also Freedom from Want.
Senior development specialists in the Treasury can be counted on one hand. America's government is not even aware of the gap between its commitments and action, because almost nobody in authority understands the actions that would be needed to meet the commitments.
The debts are unaffordable. If they won't cancel the debts I would suggest obstruction; you do it yourselves.
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