In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘global bailouts’

Germany and France reject Brown’s global economic recovery plan

Posted by seumasach on March 14, 2009

Reason has prevailed and most countries don’t want to channel every penny they have the way of a chosen banker elite. The plan’s other key element, the use of a recapitalised IMF to force through the policies of Washington and London also appears to have come to nothing:

Finance ministers and central bankers said the IMF’s resources should be increased “very substantially”, from their current level, to prevent developing countries suffering disproportionately from the credit squeeze; but they offered no immediate commitment to provide new funds.

Brown is a poor player and his one hour strutting and fretting on the global stage is now up. His plan is “a tale told by an idiot, full of sound and fury, signifying nothing”


14th March, 2009

Gordon Brown‘s hopes of uniting the world’s most powerful economies behind a massive new package of tax cuts and public spending increases were in ruins today after he failed to persuade France and Germany to back his plan to revive the world economy.

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Australia: Debt Driven Globalism

Posted by seumasach on October 31, 2008


Jeremy Lee

Global Research

31st October, 2008

The Prime Minister of the UK, Mr. Gordon Brown, in an article in the Washington Post, (Friday October 17, 2008) advocated that “The Financial Crisis is also an Opportunity to Create new Rules for Our Global Economy.”

There it is! Now out in the open! President Bush’s swan song in mid-November will be to host a Global Conference (150 nations) to establish a World Money System! There’ll be plenty of dire warnings about the consequences if we fail to take this last chance for humanity!

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