We don’t want another Bretton Woods

  •   The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Irwin Stelzer
November 13, 2008

Representatives of some 20 nations are preparing to fly to Washington to erect a new architecture to house the world’s financial system – “a new global order” was the description Gordon Brown used in Monday’s speech at the Lord Mayor’s banquet. To prepare for this meeting of the G20 industrialised and emerging nations, Europe’s leaders gathered last week in Brussels and set down the principles they intend to have President Bush sign on to. And – get this – they gave America a 100-day deadline to agree to their plans. “We will be defending a common position, a vision… for reforming our financial system.” My guess is that the American hosts are about as intimidated by this show of unity as the West’s enemies were by the announcement of the formation of the European army.

  • A d v e r t i s e m e n t

France and Germany want the International Monetary Fund (IMF) to become a global supervisor of regulators; “the pivot of a renewed international system” is the blurry phrase used so as to minimise offence to the Americans.

Mr Brown has an even bolder agenda. He calls for “global governance”; wants the G20 to agree to a co-ordinated stimulus package; and wants the IMF to become an international monitor of the global economy, operating “an early warning system and a crisis prevention mechanism for the whole world”.

Read article

This article was posted: Thursday, November 13, 2008 at 2:22 pm

Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

Harry Reid Blatantly Lies To America See the rest on the Alex Jones YouTube channel.

Smart Guns Endanger Children See the rest on the Alex Jones YouTube channel.

© 2013 Infowars.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.