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Day of Reckoning

Day of Reckoning

State of Emergency

State of Emergency
June 9th, 1998

Let Russia Default!

By Patrick J. Buchanan – June 9, 1998

Why would Republicans even think of throwing half of 1999’s surplus down an IMF rat hole, into a Russian regime even its chief financial officer says is shot through with larceny and corruption?…

The last six months have exposed the Global Economy as a vast poker game that can never end. When one player, because of bad cards, bad luck or badly played hands, loses all his chips, the “house” hands him another stack. So the game goes on. For if the players ever call it a night, they will discover there are 10 times as many chips on the table as there is cash to back them up.