History Is Written By The Rich, And

The Truth Of Good Economic Doctoring Is To Know The General Principles, And To Really Know The Specifics. To Understand The Context, And Also, To Understand That An Economy May Need Some Tender Loving Care, Not Just The So-called Hard Truths, If It's Going To Get By.

Unfortunately, The Real Focus In This Country Has Not Been On The Rest Of The World. It's Been On Our Own Issues And Our Own Problems. Fair Enough. But It Means That Our Simple Hopes That Everything Will Just Work Out Abroad Aren't Really Coming To Pass.

The Rich Do Not Have To Invest Enough In The Poorest Countries To Make Them Rich; They Need To Invest Enough So That These Countries Can Get Their Foot On The Economic Ladder . . . Economic Development Works. It Can Be Successful. It Tends To Build On Itself. But It Must Get Started.

It's The American Leadership That Has Not Played The Role It Should Be Playing And That Leaders In Other Countries Have Been Playing.

If You Have A Lot Of Short-term Debt, It Means That All Of That Money Can Be Demanded In A Very Short Period Of Time. Technically, Short-term Debt Means Money That's Coming Due Within A Year. Typically, It Means Money That's Coming Due Within 30 To 90 Days.