The GuidottiGreenspan rule states that a country's reserves should equal short-term external debt (one-year or less maturity), implying a ratio of reserves-to-short term debt of 1.[1][2][3] The rationale is that countries should have enough reserves to resist a massive withdrawal of short term foreign capital.
The rule is named after Pablo Guidotti Argentine former deputy minister of finance and Alan Greenspan former chairman of the Federal Reserve Board of the United States. Guidotti first stated the rule in a G-33 seminar in 1999, while Greenspan widely publicized it in a speech at the World Bank.[4] In subsequent research Guzman Calafell and Padilla del Bosque found that the ratio of reserves to external debt is a relevant predictor of an external crisis.[5]
Must one be an idiot to consider running for Pres in the GOP?
There is an idiot in the white house now.
Holy shit, that CNN interview is bad. I'd argue he's pretty much done after that.
Given this guys past statements this really shouldn't be that surprising. He called the ACA the worst thing to happen to the country since slavery. Blamed police shootings of black men in Ferguson on "women's lib". Compared Gay marriage to child abuse and bestiality.
Can't say this is all that shocking to be honest.
How could a neurosurgeon by this crazy when it comes to biology?
Think he is just pretending to be stupid because he thinks "I have to pander to those lunatics"??
He just panders. Clearly. The guy said you have to read Mein Kampf to understand Obama's views. He just says what the lunatic fringe want to hear.
Even the freepers are railing against the guys comments. That speaks volumes.
Let us know when that opportunity presents itself in prison.Have gay people ever turned straight?
How could a neurosurgeon by this crazy when it comes to biology?
Think he is just pretending to be stupid because he thinks "I have to pander to those lunatics"??
waiting
