Monbiot on the IMF and the current financial crisis

But there was one country – at the time the world’s biggest creditor – in which his proposal was less welcome. The head of the US delegation at Bretton Woods, Harry Dexter White, responded to Lord Keynes’s idea thus: “We have been perfectly adamant on that point. We have taken the position of absolutely no”

Can you guess which country that was? I'll give you a clue: the same country that has veto power in the UN also has veto power in the IMF…

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