G20 would dither like League of Nations once did, and peter out.
To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...
2 posted on
11/07/2010 5:21:36 AM PST by
TigerLikesRooster
(The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
To: TigerLikesRooster
[from deeper in the article]
” Geithner last week sought to “reach a common understanding” with proposals that are likely be at the centre of discussions in Seoul. He raised the prospect of using current account targets as a way of reducing the imbalances, suggesting a 4pc of gross domestic product (GDP) benchmark. Under his plan, countries with persistent deficits would have to boost savings and those with lasting surpluses would have to cut export reliance. “
Looks like Turbotax Timmy thinks he’s got his magic wand working again...
heh...
4 posted on
11/07/2010 5:32:51 AM PST by
Uncle Ike
(Rope is cheap, and there are lots of trees...)
To: TigerLikesRooster
Gracious, some of these countries have realized that they have national interests. Too bad our enemies in Washington aren’t interested in ours...
5 posted on
11/07/2010 5:48:15 AM PST by
Steamburg
(The contents of your wallet is the only language Politicians understand.)
To: TigerLikesRooster
Twelve months on, nationalism has replaced globalism. Peace and love have given way to currency wars.Might get interesting.
8 posted on
11/07/2010 8:48:06 AM PST by
GOPJ
('Power abdicates only under the stress of counter-power." Martin Buber /a Tea-nami's coming..)
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