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"We should not underestimate the political fallout from this crisis. Few countries have fallen as far, as fast, as Korea has in recent months."

Mark Malloch Brown, a World Bank vice president, commenting on South Korea's financial crisis

"Washington should not return to its bad habits of spending money it doesn't have. That's what got us into trouble in the first place in the 1980s."

Rahm Emanuel, a White House adviser, who says President Clinton's budget proposal will contain neither broad-based tax cuts nor a plan to balance the budget early

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