Fifty Years Since the End of Bretton Woods: A Geopolitical Review

Fifty Years Since the End of Bretton Woods: A Geopolitical Review

Ironically, it was Stalin who was responsible for the economic reconstruction of Europe and the Bretton Woods system’s birth, Mauricio Metri writes. On August 15th, 1971, the then-president of the United States, Richard Nixon, made an eighteen-minute speech to the country whose effects impacted the world. Among other subjects, he announced the end of the…

Bretton Woods Is Dead: What Next?

Bretton Woods Is Dead: What Next?

French Finance Minister Bruno Le Maire has publicly admitted something normally reserved for backroom discussion in the circles of Europe’s governing elite at an event honoring the 75th anniversary of Bretton Woods (the conference which created the foundations for the post WWII world order). At this event, Le Maire stated ever-so candidly that “the Bretton…