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THE QUIET COUP

Publication :	The Atlantic Monthly- Boston
Author :	Simon Johnson
Date :	May 2009

Abstract (Document Summary)

[...] the fund's economists spend time figuring out the policies- budget, money supply, and the like- that make sense in this context. Quite the contrary: at the outset of the crisis, the oligarchs are usually among the first to get extra help from the government, such as preferential access to foreign currency, or maybe a nice tax break, or- here's a classic Kremlin bailout technique- the assumption of private debt obligations by the government.

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