Kevin Drum quotes Charles de Gaulle:
“The cemeteries of the world are full of indispensable men.”
His larger point is how very unlikely it is that it’s genuinely true that only the people who screwed up the financial system and their buddies are competent to fix it. This is what the culprits in a financial crisis always say and the role of the United States when these things happen in a developing country is to try to kick butt a bit, and get the country in question to see that it needs to crack down on its financial elites not further indulge them. Now it’s our turn, and the best advice is still the same even if there’s no international institution that’s going to make us do it.
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