THIRD WORLD DEBT CLEARINGHOUSE PROPOSED


“…. During my 18 years as a financial journalist, dealing with international economic problems, and specifically with the problem of Third World debt, I have rarely encountered an individual with such a keen insight into the problems of Third World debt and the relationship of the ‘have and have not’ countries as Mr. Michaels …. Mr. Michaels’ unique ability to analyze complicated economic problems and to explain those problems in an acceptable fashion to the conservative regimes of the banking countries of the North and to the hard-pressed Third World regimes of the South have made him a preeminent figure in the realm of Third World debt restructuring….”

Gordon W. Platt
Financial Editor
The Journal of Commerce

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