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. Jeffrey Sachs blowfacefroth Change image and share on social
White House and State Department foreign-policy experts are overwhelmingly directed towards military and diplomatic issues, not development issues. Jeffrey Sachs departmentdevelopmentdiplomatic Change image and share on social
It's not so unusual to run out of someone else's currency. Jeffrey Sachs currencyrununusual Change image and share on social
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. Jeffrey Sachs actioncommitmentidea Change image and share on social
Let's start fresh with Russia on some real help and some real reform. Jeffrey Sachs freshrealreform Change image and share on social
I think the IMF helped to detonate the Indonesian crisis. Jeffrey Sachs crisisdetonatehelp Change image and share on social
Russia has gone through eight years of continuing economic pain. Jeffrey Sachs continueeconomicpain Change image and share on social
Senior development specialists in the Treasury can be counted on one hand. America's government is not even aware of the gap between its commitments and action, because almost nobody in authority understands the actions that would be needed to meet the commitments. Jeffrey Sachs actionamericaauthority share on social
We're going to have to forgive a great deal of the Soviet era debt. There's no question about that. Let's face up to that. We're going to have to put in money if Russia is really going to consolidate a democracy. Jeffrey Sachs consolidatedealdebt share on social
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. Jeffrey Sachs comedaydebt share on social
