G20 Agreement

I didn't expect anything like this to happen so quickly, but very glad it has and am pleased with the tough regulation proposals agreed on. It should also help continue the fight for debt relief for Third World countries which began in better times. This is, for the while at least, the potential death knell for the free wheeling neo liberal attitude that took off in the 1980s. Some Thatcherites may well state that the "Greed is good!" philosophy was not one they held, and they may well be right, but it was their policies that allowed them to crawl out from under the rocks and sing their praises as they did so!

Comments

Anonymous said…
It's all well and good but where will all this money actually go. It has been seen already that throwing money at things isn't the answer!

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