Devaluations Are Never Easy.

The Time Has Come To End This Charade. The Debts Are Unaffordable. If They Won't Cancel The Debts I Would Suggest Obstruction; You Do It Yourselves. Africa Should Say: 'thank You Very Much But We Need This Money To Meet The Needs Of Children Who Are Dying Right Now So We Will Put The Debt Servicing Payments Into Urgent Social Investment In Health, Education, Drinking Water, Control Of Aids And Other Needs.'

There Is No Economic Imperative That Will Condemn Us To Deplete Our Vital Resource Base, But Neither Is There An Invisible Hand That Will Prevent Us From Doing So.

The Idea That Un Commitments Should Be Followed By Action Is Indeed A Radical One, Especially For The United States, Where Wilful Neglect Of Its Own Commitments Is The Rule.

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.

There's A Lot Of Strength In The U.s., But There's A Lot Of Froth Also. The Froth Will Blow Off. We're Going To Have To Face Up To Some Realities That We're Not Fully Facing Up To Right Now.