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Are we on the eve of a turn in the Great Game? | 79 comments (79 topical, editorial, 0 hidden)
Re: Are we on the eve of a turn in the Great Game? (none / 1)
I'm not talking about rentiers. The developing countries who use petrodollars for development are usually net exporters (or raw materials). Or, in the case of China, net exporters of manufactured goods. US$ bonds are needed to invest current account surpluses ("recycling of petrodollars").

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 Mon Apr 28th, 2014 at 11:36:57 AM EST
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Are we on the eve of a turn in the Great Game? | 79 comments (79 topical, 0 editorial, 0 hidden)
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