Jeffrey Sachs

We, being the Western world, wouldn't let Russia off the hook on debt. So there were demands on debt servicing in the early days until they ran out of reserves. There was no real aid program, just a fictional aid program.

If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days.

When I start getting embroiled in heated debates and feeling stressed, I just turn everything off and disconnect from the world. I simply tell my colleagues and friends that I am not well and need to cancel all meetings for a day or more. I take it easy - go for a long hike, take a vacation somewhere, or just stay at home and read.