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But following ARGeezer's argument, the US$ status as a reserve currency suffered a blow at the hands of Russia in Syria, for instance, where Putin of all people had to rescue Obama from the punitive expedition he was being drawn into by his clients.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Carrie (migeru at eurotrib dot com) on Sun Apr 27th, 2014 at 02:19:24 PM EST
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