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Inside Story - Is the economic map being redrawn? - Nov 16 - Part 2

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Uploaded by on Nov 17, 2008

The G20 Summit held in Washington DC on Saturday was an explicit recognition of the increasing influence of developing nations - and with good reason.
But did the meeting come up with any concrete action? Is the world's economic map being redrawn? And can there be a practical global regulator of the entire world economy?

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  • The IMF and the World Bank have to be abolished!

  • We (US) need to stop farm subsidies (or cut back MAJORLY), stop corporate wellfare and let the market weed out the poorly performing firms. Then we need to invest in education for a more flexible workforce and start building comparative advantage in the new technologies of the 21st century (clean/efficient energy, bio-medical stuff, high-efficiency infrastructure, etc.) But our debt is the worst obstacle.

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  • We scots run the planet. Jews and americans do not run it we do. Beat that.

  • Before ANYTHING else, WE need to stop breeding like rats!

  • Let wisdom guide us all at this dark hour.

  • Yes historic.

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