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发帖数: 38600 | 1 http://finance.yahoo.com/news/larry-summers-past-month-may-1219
In a new column, former Treasury Secretary Larry Summers delivers a scathing
message (emphasis ours):
" This past month may be remembered as the moment the United States lost its
role as the underwriter of the global economic system . True, there have
been any number of periods of frustration for the US before, and times when
American behaviour was hardly multilateralist, such as the 1971 Nixon shock,
ending the convertibility of the dollar into gold. But I can think of no
event since Bretton Woods comparable to the combination of China’s effort
to establish a major new institution and the failure of the US to persuade
dozens of its traditional allies, starting with Britain, to stay out of it." | s*******a
发帖数: 398 | 2 He definitely had a point that the political halt in DC accelerated the
coming of this turning point. Had US facilitated reforms of the IMF, China
wouldn't have enough incentives to create a new economic order. |
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