EUARTE

Opposing Views of Economic Imperatives

"Managed sensibly" by whom? Certainly not our government! It is already corrupt under The One. Giving money where it politically wants, firing executives (deserved or not) and destroying peoples lives (closing successful car dearlerships). Corruption is always there as is greed. But when a government is corrupt it is all over.

Regulation? Most of the needed regulation laws are in place. Enforcement is what is needed. The Bush administration was responsible for non-enforcement. The Congress did not use it's oversight abilities since they were in on the take. No morality there. That and a returning of the banks to where they were assigned by law after the depression. We can thank the Clinton Administration for pushing for the banks to get into non-traditional areas. We saw what happened!

Japan tried to manage "sensibly" it's economy. It got a ten year recession.

I will take enlightened self-interest over "managed sensibly" any day.

The new world order is delusional and the height of socialist "arrongance".

Economic Crisis: Good Luck Europe, You'll Need It

Let us stop this left wing nonsense about a "cabal" of bankers controlling the USA. EU difficulties are not made up. They are real! The money is as phoney as the dollar.

G-20 Summit: A New World Order?

The sorry truth is not one member of the G-20 is going to agree to anything of substance. Countries like Brasil want hand outs even though they have large dollar and € reserves.

In truth all the currencies are heading to zero value. None of us will like it and many will suffer but depression is the answer.

The G-20 Sings a Song of Sixpence

The IMF lost any meaning for decades and is still around. Useless and best know for pasture and reward for political hacks and people needing a line on their resume.

If every country is near broke where will this IMF get the money to shore up Iceland, Russia, etc.?

This crisis lacks anyone who really understands what is going on and who has the following to push a solution through.