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The question is why financial systems are so liable to turn foreign credit into ruinous busts.
For any emerging economy trying to turn foreign and domestic savings into productive assets, that ought to be an obvious conclusion.
In particular, why did America, home to the world's most advanced financial system, turn foreign credit into the world's most serious post-war bust?The suspicion is that American know-how and talent made the disaster worse.
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Trump also declared the U.S. was finished with trying to turn foreign countries into Western-style democracies.
It is time to turn foreign governments tilting at windmills to taking on solutions to the real problem of government dataholism in the 21st Century.
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"Policy reversals and domestic power plays that turn foreign-financed projects into political footballs are likely to further dampen confidence among foreign investors".
This turns foreign policy into "a branch of social work" and angers foreign countries such as China, Japan, Singapore and the Islamic world.
He is turning foreign policy into a version of professional wrestling, where alliances and rivalries shift based on petty personal factors.
FATCA, they hope, will usher in "automatic" exchange of data, leaving the tax-shy with nowhere to hide.In essence, FATCA turns foreign banks and other financial institutions into enforcement arms of America's Internal Revenue Service IRSS).
For a model Mr. Donilon has James A. Baker III, another convention delegate wrangler turned foreign policy statesman, and he is known to resent the idea that he has not evolved over the course of his career.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com