Jack Borman, the top civil servant at the IMF, learned during Thanksgiving that Korea was almost bankrupt and almost out of hard currency, requiring him to spend all day on a conference call deciding how to rescue the 11th largest economy in the world from potential default.
factualpending
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Paul BluesteinEvidence Quote
“the Koreans are almost they're almost bankrupt. They're almost out of money, out of hard currency... I had to spend all day on a conference call trying to figure out what the heck the IMF ought to do to rescue this what was then the 11th largest economy in the world from a default”
Source
Will the U.S. Dollar Survive the Breakdown of the International System? | Paul Blustein— Hidden ForcesCreated: 8/11/2026, 7:11:47 AM
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