G-20 Ministers Vowed To Tackle Global Financial Crisis

Their 'actions' are a completre load of rubbish! Alistair Darling has been saying:  "I will do what it takes" now for six months. He has been "talking" with the IMF for ages.  Our PM,. Grumpy Gordon, has been saying that the G8 no longer represeants the world and, for two years, he has been saying "We must change the financial asrchitecture!  But nothing happens. The IMF still is dominated by the West and ignores the rest of the world in its decision making;  the World Bank is the 'domain' of the US and, likewise excludes anyone outside the "club".  This has been going on for years.  At the press conference, when asked by journalists to be a little more specific, Darling just repeated himself!  Is this the best leadership that they can come up with?  No one, No one, repeat: No one yet knows whetrher any of their proposals are working!!  No one has decided how they will evaluate and when - whether anything works!  Is this the way to be effective and efficient?  Its as bad as the bankers!  I despair.

Alistair Darling has always been the guy to come in  to departments that are in a mess, not to clean then up, but to keep out of the press by saying very little and saying it vaguely!  And looking serioyus when he does.  "I will do whatever it takes"  It may sounds good the first time he says it, but after six months of saying it, those words are a trifle wilted!

I think that we should be done with pledging and talking about it and start taking action - it's fine to sit around and have these summits, but it will be interesting to see what comes out of it.

Thanks for the info though - well written piece.

they are prepared to take bold action to tackle the global financial crisis.

No they are not. All they can do is to take more loan.

One woman in that whole bunch. How can they come up with a good solution?

that is the biggest crap i have heard since a long time.

same old promises

Thank you to those who recommended my piece; and others who came to the discussion.

  I have a feeling this G20 or the elite created the economic crisis, so they could introduce the One World Order. 

In the second video, one asks: "If all the countries are in debt, who do we owe the money to?"

Even China is in debt. So how can they give money to the USA? I am confused.

It is a farce of sorts, since some countries due to their political internal problems will not be able to take any action what so ever. 

Further most lack the wisdom to look at the long term impact of more loans and fail to have to charisma and intelligence to make a bold long term plan and tackle the reforms needed to make the changes that would be beneficial in the long run.

It is nothing short of a comedy or rather parody.

Thank you, Paschen, for reading, your recommendation and comments regarding the G20. Your points are valid in that the majority of these countries need to take care of their own houses first, so to speak. 

I reported the event and tried to cover all angles of the meeting and have kept my views out of the piece. 

However, as in my responses, I've repeatedly mentioned in the response sections that it is not so easy and simple for any of these countries to work with each other, unless there is incentives to build up their own individual economy. 

As of today, Mar. 16, Mexico announced that it would place tariffs on nearly 90 US products after Washington canceled a program that allowed trucks from Mexico to operate in the United States for a number of reasons, security and unregulated trucks. 

Economy Minister Gerardo Ruiz Mateos issued a statement that was just reported on the news, that there is to be an "increase in customs duty on almost 90 industrial and agricultural products."