Friday, November 14, 2008

Had to leave with a bang...




"A man's pride shall bring him low: but honor shall uphold
the humble in spirit."
Proverbs 29:23

The global financial crisis has produced a wide array of critics, but no pairing has been stranger than what you might call the capitalism-in-crisis coalition. Anti-government ideologues on the right and anti-business activists on the left are both arguing that capitalism is under threat, though from very different forces. The right wingers fear federal market intervention is just the tip of a socialist spear, while the left-wingers gleefully declare the crisis is proof of capitalism's inherent failure.



The G-20 leaders and key figures with the UN, the World Bank as well as other international institutions will gather in the Summit on Financial Market and World Economy to be held in US capital Washington on Nov.15.


The summit will carry out laborious research into the problems and find out a solution for a clearer and more reasonable global economic framework.



China’s economy is closely connected with the world’s, and the country has taken a series of powerful measures to combat global financial recession, including those to ensure stable domestic finance, promote circulation in financial market and institutions, coordinate with other countries’ macro economy policies, issue ten measures to expand domestic demand and so on.



http://www.youtube.com/user/WorldEconomicForum

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