Comments on: G20 summit shows lack of resolve http://blogs.reuters.com/great-debate/2008/11/17/g20-summit-shows-lack-of-resolve/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Christian A. http://blogs.reuters.com/great-debate/2008/11/17/g20-summit-shows-lack-of-resolve/#comment-1273 Wed, 19 Nov 2008 01:54:54 +0000 http://blogs.reuters.com/great-debate/?p=537#comment-1273 “But too many proposals in the document are either irrelevant or reveal a disinclination to challenge the status quo.”

True enough, Mr Kemp. But have you ever been to a G-7, G-8, G-20, IMF, World Bank etc. meeting where this did NOT apply?

]]>
By: Jan http://blogs.reuters.com/great-debate/2008/11/17/g20-summit-shows-lack-of-resolve/#comment-1262 Tue, 18 Nov 2008 22:30:14 +0000 http://blogs.reuters.com/great-debate/?p=537#comment-1262 I am from the netherlands.

And must i say i do not trust the political leaders.

For example the minister of economy said in the second week of september that there would be economic growth in the next year. In october suddenly Icesave bank crashed without any signal, then the Fortis bank, and so on.
So, or he is lying that he did not forsee, or he is not smart enough to see this coming.
Either way, the politicians lie now that they do not have a really plan, or they are not smart enough to make a plan.
They just cannot say that they will be looking for a plan when the economy is falling so fast like this, they just cannot postpone it a few months, no way. Unless a plan is already devised but it only takes that extra economic decay to push the probably unfavorable plan (whatever it is) through the throat of the civilians.

]]>
By: Albert Tan Beng Cheow http://blogs.reuters.com/great-debate/2008/11/17/g20-summit-shows-lack-of-resolve/#comment-1214 Tue, 18 Nov 2008 15:38:04 +0000 http://blogs.reuters.com/great-debate/?p=537#comment-1214 Excellence article written by Mr John Kemp, Congratulations. The main problem lies in the poor & bad leadership of the host President Bush who lacks not only the knowledge subject but also his virtues, wisdom and attitude of play acting smart like a very wise World leader but otherwise is making a fool out of himself is just another smart ass wasting public funds and precious time of the world with his arrogant anti climate policies of global free trade and derregulation without looking at himself and US being stugged in the mud and quick sand economy singking deeper and deeper as day pass-bye. An arrogant rough Texan cowboy that failed US miserably in avoiding to prevent credit crunched and until now failed to see the evil root of the US economic recession and continued to behave indifferently that make him unfit to be a President but a brave warier. With nothing to show in the G20 conferrence and the global leaders mistrust in his shrewd leadership cannot agree with his anti climate and conflicting policies which had been outrightly rejected by the American in the recent election. He can never see the realities and truth in life but only the mirrage of apparent realities due to his past deeds in the brutal killings of innocent lives in the 2 uncivilised wars that he had ordered Americans to fight in neglecting the vital issues of his own country financial disarray and dragging the country he lead into economic chaos and turmoil. I just cannot imagine what a disgraceful and shameful leadership but yet he still could act as if he is the Best and Most Successful President. But I am sure former President Jimmy Carter could enlighten us better. Only Fools shall fight hatred with hatred but the wiseman could win the hearts of his greatest enemy with loving kindness, mutual respect and common interest. Live and let live.

]]>
By: gribskoff http://blogs.reuters.com/great-debate/2008/11/17/g20-summit-shows-lack-of-resolve/#comment-1184 Tue, 18 Nov 2008 09:52:07 +0000 http://blogs.reuters.com/great-debate/?p=537#comment-1184 Brilliant in the argument and fair in the analysis.

]]>
By: Emi Zareva http://blogs.reuters.com/great-debate/2008/11/17/g20-summit-shows-lack-of-resolve/#comment-1182 Tue, 18 Nov 2008 09:05:13 +0000 http://blogs.reuters.com/great-debate/?p=537#comment-1182 Congratulation to Mr. Kemp naming the problems with their real names since everybody knows that the financial collapse was due to regulators’ faults but they do not admit it.

]]>
By: Franz Kafka http://blogs.reuters.com/great-debate/2008/11/17/g20-summit-shows-lack-of-resolve/#comment-1179 Tue, 18 Nov 2008 08:23:02 +0000 http://blogs.reuters.com/great-debate/?p=537#comment-1179 Since when do politicians make any positive contribution ? I had zero expectations – in fact I hoped they would rather say nothing as opposed to making false promises as is their main focus and frankly I don’t care as long as they enforce the law and lower taxes. This was just a plain farewell party for George and that little guy from France..Then again the papers have to have a story right ?
Seriously. BW treaty was in preparation for three years prior to the meeting and the meeting itself lasted for two weeks. Things have been crafted beforehand and it was taken seriously because there was a real need. This time, things have not yet turned bad enough..Why would they with all the zillions printed and given away. The Bankers are not feeling the pinch and never will.

]]>
By: Des Latham http://blogs.reuters.com/great-debate/2008/11/17/g20-summit-shows-lack-of-resolve/#comment-1172 Tue, 18 Nov 2008 07:06:47 +0000 http://blogs.reuters.com/great-debate/?p=537#comment-1172 I agree – you’ve laid out the causes and effects. But where is the solution ? What SHOULD be done ? banning derivatives is too late. Pumping cash into banks merely enboldens fraud. So what’s the solution ? I haven’t read or seen any brainy analyst attempt an answer. That in itself is bad news.

]]>
By: Kelvin Leong http://blogs.reuters.com/great-debate/2008/11/17/g20-summit-shows-lack-of-resolve/#comment-1156 Tue, 18 Nov 2008 01:41:57 +0000 http://blogs.reuters.com/great-debate/?p=537#comment-1156 Our leaders are just as clueless as anyone else – How can we save the economy? I say, let the failing companies fail. This is a good time for consolidation and the survivors will realise that they have to conduct their business properly going forward

]]>
By: Whowhowho http://blogs.reuters.com/great-debate/2008/11/17/g20-summit-shows-lack-of-resolve/#comment-1106 Mon, 17 Nov 2008 21:21:42 +0000 http://blogs.reuters.com/great-debate/?p=537#comment-1106 It’s the FED, stupid.

Go educate yourself about why this is being purposefully orchestrated by the FED, and why the G20 leaders are powerless to do anything about.

Google, “Aaron Russo” and watch his documentary “Freedom to Facism”

]]>
By: Rick http://blogs.reuters.com/great-debate/2008/11/17/g20-summit-shows-lack-of-resolve/#comment-1104 Mon, 17 Nov 2008 20:48:14 +0000 http://blogs.reuters.com/great-debate/?p=537#comment-1104 This does not bode well for the collective futures of these nations, or our world. We are, in fact, witnessing a combination of apathy and inability here- not caring about the global realities, and a clear lack of leadership at a time when it’s needed most.

This meltdown of economies will lead to a disintegration of national and international cohesiveness that once held our world together, for common good. Now? We have seen the enemy, and it is us.

]]>