Spiro on American hegemony (Jim O'Connor)

Barbara Laurence cns at cats.ucsc.edu
Wed Nov 24 16:46:30 PST 1999

I believe that U.S. and UK financial institutions recycled many petro dollars to the South -- more than "very little." How else could so many Third World countries borrow so much in 1970s-early 1980s, and get so deep in debt? Jim O'Connor

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