Saturday Open Thread: Yalta Edition

Today, in 1945, the Yalta Conference opened, featuring talks between Churchill, Roosevelt and Stalin. Roosevelt was ill and acquiesced to the Soviet domination of Eastern Europe.


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“Every Asian market outside Sri Lanka retreated after Federal Reserve Chairman Ben S. Bernanke yesterday said a premature withdrawal of quantitative easing would put the U.S. economic recovery at risk,” Jonathan Burgos reports. What does this say about the US and, in particular, the policies of the Federal Open Market Committee, which are pretty much identical?

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