The talk these days is all about who Larry is bringing on to advise him. I wonder if Larry Summers will bring in Paul Wolfowitz, regime changer extraordinaire, like he did when he was at Treasury, to advise him on 'regime change' for foreign countries?
FYI, Larry Summers brought Wolfowitz on board back during the Asian financial crisis to advise Treasury on implementing 'regime change' in Indonesia. How did they do it? They forced fuel price hikes, cuts in government services, and other boilerplate IMF fiscal austerity policies on Indonesia, sparking riots. In the ensuing flames, hundreds of people actually burned to death in Jakarta...
Now that we've got Summers back in power, all we need is wolfie.
Bring back the Wolf!
Friday: No Major Economic Releases
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