Economy in crisis? The G-20 is on it!
This week, while we citizens continue to lose our jobs, our savings, and our patience; the Group of Twenty Finance Ministers and Central Bank Governors (aka the G-20) will convene in London to try to figure out some solutions to our global economic crisis.
The G-20 is a group of the top economic leaders from 20 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the U.K., the U.S.A., and The E.U. If you add them all together, the G-20 economies comprise 85% of global gross national product, 80% of world trade, and two-thirds of the world population. The G-20 likes to meet every year or so to discuss global markets, economic policies, trade, and the like. Obviously, this year they have a lot to talk about.
So, I guess we can all relax now that we know that our best economic and government leaders are on the case, right? We can just wait around while they think up a solution, right? I hope so. But, one could argue, after all, that it was banking and lending institutions that got us into this mess in the first place.
Just before last year’s G-20 summit in Washington, French President Nicolas Sarkozy said, “We must rethink the financial system from scratch, as at Bretton Woods.” British Prime Minister Gordon Brown said we must agree to a “new, international financial architecture for the years ahead.” And perhaps they’re right. Maybe we should stop relying on misguided bankers and financial pundits to solve our problems. Maybe instead, our heads of state should look to Yahoo!7 Answers.
Should we let the banks and investment funds fail? Should we continue to prop them up with tax dollars? Should we buy more? Consume less? Should we be more green and less profitable, or should we say to heck with the environment and start dumping all of our toxic waste into the ocean? Maybe we should just ditch the whole system and return to the woods where we could learn to hunt and survive on nuts and berries! Maybe not.
So, we’ve asked a question on Answers for you, the Answers community:
How can our governments work together to overcome the global economic crisis?
Since this is truly an international problem, we’re asking this question on all of our international Answers Blogs, sites, too. The Best Answers will be featured in a coming blog post. So, let’s give our economic leaders something to think about! We look forward to all of your opinions and ideas.
- Rating:
(Be the first!) - Permalink
- Comments (4)
Loading ...
Subscribe
Go Kevin give them heaps !!!!!
There is no easy fix that current World leaders can implement.
We are living in an era of Scriptural Warnings as Pharaoh and his people did at the time of Musa.
Pharaoh also experienced a financial crisis before he went down to the sea and this is confirmed in the Quran by the prayer of Musa to our Lord to deface the features of their wealth.
The dollar and the pound and the yen make no difference.
Islam is hunted and tortured and imprisoned and bombed as if Allah does not see and hear all.
The fact the world leaders have admitted to the crisis is sufficient evidence that democracy and all its trappings have failed in the war on Islam.
Australia has taken the right approach to easing the burden on the poor but Islam and Allah must be addressed with honesty and justice and some effort must be taken to bring out the One True God since Mr Rudd’s mention of a false God in London.
Allh is the One True God and avoidance of Quran and the commands of Quran on finance cannot be ignored if there is to be a solution.
The Quran warns.
The politicians need to come down and land. There are things that are not being listened to from the people. This is very serious now. To change something that has been their tradition is going to always be difficult. Sustainablity is the big issue here and that is overall sustainability. Economically, environmentally, ecologically and logically. We only have one planet. Please look at what has occured in the past 100 years. And this planet is nearly 6 billion years old. The most radical changes in the planets history since the breaking up of gandwana land is occuring right now. And it urgently needs to be reviewed. They appear to be not capable at this understanding level. They have been governing to gain votes and not to look after the big picture.. A new system of governance needs to be established now.
The only true God is VB!