TITLE

Dollars for Detente

AUTHOR(S)
Quirk, William J.
PUB. DATE
March 1979
SOURCE
New Republic;3/31/79, Vol. 180 Issue 13, p18
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Discusses detente in the Soviet Union, in which the Soviets would receive imports from Western countries after paying with loans extended by international banks. Vision of a modern Communist industrial state; Impact on American taxpayers if Soviets default on the loan; Example of mixed capitalism-socialism where corporate profits remain private and business losses go public; Loans at favorable interest rates for five to seven years; International bankers' confidence treating the Soviets as a triple-A credit risk.
ACCESSION #
11081056

 

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