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Chrissy 8/7/25, 1:33:11 PM
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debut: 11/14/02
202,375 runs

I declareMikey Mouse is right.
Chrissy 8/7/25, 1:53:30 PM
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debut: 11/14/02
202,375 runs

And yes the British are responsible for most of this mess
hubert 8/7/25, 4:36:44 PM
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debut: 11/14/02
20,048 runs

In reply to Chrissy

Sachs is the definition of a Scholar. I listen to him almost all of my
available time. Perhaps he is the ONLY real scholar, Internationally.
Thanks for sharing this particular link.smile
dayne 8/7/25, 4:53:58 PM
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debut: 5/29/07
8,854 runs

Well, most logical voters knew that some of what is happening would have happened, only it has been worse.
Chrissy 8/7/25, 10:46:40 PM
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debut: 11/14/02
202,375 runs

In reply to hubert
He self corrected after initially promoting neo-liberalism.
I was among those who took him on in SSLT way back when.
hubert 8/7/25, 11:02:47 PM
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debut: 11/14/02
20,048 runs

In reply to Chrissy

Was not aware of his neo-liberalism corrected view or specifics of it.
Throw some light my way.
Chrissy 8/8/25, 2:08:44 AM
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debut: 11/14/02
202,375 runs

In reply to hubert


Read this

He lost a lot of credibility after that mess
hubert 8/8/25, 5:28:01 PM
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debut: 11/14/02
20,048 runs

In reply to Chrissy

Thanks a million. He miscalculated the difference between Poland and
Russia where change was different and came to that reality too late...that
added to the political of the USA to see Russia grovel was the key factor.
Russia has always been a basket case even in Stalin's era..with Gorbi and
Yeltsin it became even more so as Russia did not follow in the
footsteps of China who warned them of the imperialistic powers of the USA.
China was always in control of it's people and embodied patience,planning and
acquisition of know how in dealing with capitalism and created their own
methods of embracing such .
While Russia was one stage ahead of the USA in the Space race in 50s early 60s, the Chinese were even in
late 70s still using the Abacus in their Stores. They formulated 10 year,20 year plans and achieved them.
Russia had no such calculated intent where International economics were concerned.
Had Putin been on the scene earlier ,Sachs ideas and implementation would
have had a better outcome but the Russian leadership was devoid of means
to recover from its lost empire as the USSR.
Different strokes for different folk and Yeltsin was so vodka ed up he had no clue.
The USA through its Financial power with world banks had no interest to see
Russia succeed at anything as they welcome the route to easy expansion of
NATO with great help to Poland followed by the Baltics.
Putin's venture into Ukraine which was the bread basket of the USSR
was inevitable and that has led to the situation we have today.
Russia under Putin will not surrender to Ukraine and have NATO
all over their European Borders.
But Sachs certainly did not earn any roses as his ideas embraced economics without
catering to the more weighty matter of Political power and domination by the USA.
It does not however destroy his rep as a scholar/historian as he is one of the few who
speaks rightly of events subsequent to his missteps of the early 90s.
Russia remains a basket case in many areas but they benefitted from USA expertise in
becoming an Oil power.
When I was there in 1980 my fellow European journalists had one description of
Russia,.,,a big 3rd world country with the Bomb...
Is Russia first world without THE BOMB ? lol
Its a crazy world and getting crazier.
Nice read and thanks again smile
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Chrissy 8/8/25, 5:48:54 PM
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debut: 11/14/02
202,375 runs

In reply to hubert
Thanks for your response.
hubert 8/8/25, 6:25:47 PM
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debut: 11/14/02
20,048 runs

U are Welcome ..and you always keep it real..BTW what has become of the Real Mckoy, Spudzsmile
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Chrissy 8/8/25, 6:40:40 PM
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debut: 11/14/02
202,375 runs

In reply to hubert
I will find out
carl0002 8/8/25, 8:28:24 PM
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debut: 4/16/03
26,116 runs

In reply to hubert

Spudz was someone's alter-ego. Not a real person.
hubert 8/8/25, 8:31:09 PM
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debut: 11/14/02
20,048 runs

In reply to carl0002

I know..But he is not in disguise on this Board now at all.lol
carl0002 8/8/25, 8:52:24 PM
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debut: 4/16/03
26,116 runs

The Harvard Boys Do Russia

....Through the late summer and fall of 1991, as the Soviet state fell apart, Harvard Professor Jeffrey Sachs and other Western economists participated in meetings at a dacha outside Moscow where young, pro-Yeltsin reformers planned Russia’s economic and political future. Sachs teamed up with Yegor Gaidar, Yeltsin’s first architect of economic reform, to promote a plan of “shock therapy” to swiftly eliminate most of the price controls and subsidies that had underpinned life for Soviet citizens for decades. Shock therapy produced more shock—not least, hyperinflation that hit 2,500 percent—than therapy. One result was the evaporation of much potential investment capital: the substantial savings of Russians.....


.....Summers hired a Harvard Ph.D., David Lipton (who had been vice president of Jeffrey D. Sachs and Associates, a consulting firm), to be Deputy Assistant Treasury Secretary for Eastern Europe and the Former Soviet Union. After Summers was promoted to Deputy Secretary, Lipton moved into Summers’s old job, assuming “broad responsibility” for all aspects of international economic policy development. Lipton co-wrote numerous papers with Sachs and served with him on consulting missions in Poland and Russia. “Jeff and David always came [to Russia] together,” said a Russian representative at the International Monetary Fund. “They were like an inseparable couple.” Sachs, who was named director of H.I.I.D. in 1995, lobbied for and received U.S.A.I.D. grants for the institute to work in Ukraine in 1996 and 1997.


Why Trump got rid of USAID...For his buddy Putin
H.I.I.D.’s first awards from U.S.A.I.D. for work in Russia came in 1992, during the Bush Administration. Over the next four years, with the endorsement of the Clinton Administration, the institute would be awarded $57.7 million—all but $17.4 million without competitive bidding. For example, in June 1994 Administration officials signed a waiver that enabled H.I.I.D. to receive $20 million for its Russian legal reform program. Approving such a large sum as a noncompetitive “amendment” to a much smaller award (the institute’s original 1992 award was $2.1 million) was highly unusual, as was the citation of “foreign policy” considerations as the reason for the waiver. Nonetheless, the waiver was endorsed by five U.S. government agencies, including the Treasury Department and the National Security Council, two of the leading agencies formulating U.S. aid policy toward Russia.
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Casper 8/9/25, 12:57:19 PM
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debut: 11/9/18
7,494 runs

He’s truly is a scholar whether you accept his economic prescriptions or not. What I like most about him is that he’s never afraid to speak his mind; he doesn’t waffle.

I had an opportunity to meet him in the summer 2017 in an Athens. I was in the lobby of a hotel in the Greek capital, and remember telling my wife I recognize this person sitting in the distance. It was from from seeing him so frequently then on MSNBC.

I knew I was being intrusive, but I worked up the courage to approach him and introduce myself. He was very accommodating and we had a brief chat, awaiting my taxi, as to why we were both there.

My wife and I were on vacation and he there doing what he had often done, advising yet another government. Greece of course was going through some trying times at that time. In Yanis Varoufakis, who was then Greece’s Finance Minister, you had two bedfellows in the economic realm with similar outlook.
Chrissy 8/9/25, 1:45:35 PM
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debut: 11/14/02
202,375 runs

In reply to Casper
Thanks
Chrissy 8/9/25, 1:46:28 PM
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debut: 11/14/02
202,375 runs

In reply to carl0002
I followed all of those proceedings