Well now, this oughtta work....
U.S., allies agree on general approach to crisis
Quote:
WASHINGTON – The U.S. and its closest allies agreed on common guidelines to address the world financial crisis, a move that opens the way for a series of government actions....
....While global stock markets continued to fall, top finance officials from the Group of Seven major economic powers tried to add coherence to what has so far been an every-country-for-itself approach that, at times, has appeared to complicate the crisis.
"Never has it been more essential to find collective solutions to ensure stable and efficient financial markets and restore the health of the world economy," Mr. Paulson said in a statement released after he met with his G-7 counterparts.
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This is quite reassuring....I mean, individually the central planning economic ministries of the individual Republics of the North Atlantic haven't been able to stem the tide of the inevitable results of their own actions, so why shouldn't they unite and centrally manage this on a much, much larger scale? Perhaps what we really need is a Union of North Atlantic Socialist Republics....
chinese curse: 'may you live in interesting times.'
Very interesting times these are, very interesting indeed.