On air on BBC World News at 1530GMT on Wednesday 1st April.
I believe that whenever there is a problem or crisis, it is always a good idea to meet and discuss ways out.
Same with the G20 meeting in London, I just hope this time that the leaders of the G20 will try at all cost to live up to the plans and promises they are going to come up with. The ordinary people of the world are push to the wall and it is time to act, words are not enough anymore.
I hope that the G-20 Preview and the “activities” will be able to produce some good plans…
I believe G20 is like the other meeting that run by the leaders.
I think sharing ideas is the aim of G20 to discus further solution for world economic.But this economic crisis need astrong action to be taken now not later.
People have to come together hands in hands to solve it because no one was causing economic crisis and event is not apunishement from GOD”
I think it’s mere fantasy to suppose that a handful of politicians can successfully plan a world economic recovery. Markets can’t be dictated to.
But unfortunately, the things these politicians can do they so far have lacked the will to undertake: managed failure of some banks; nationalisation, imposed reform, and immediate privatisation of other banks (in which the state has, through bail-outs, acquired a controlling interest; increasing liquidity by writing off mortgages against savings in state-controlled banks; and a regulatory system replicated across states (and so not infringing national sovereignty) that doesn’t eliminate risk but limits its exposure to risk-takers and shareholders, rather than savers and borrowers.
It’s strange how timid and overawed by Capital leftists like Obama and Brown are when presented with the opportunity for genuinely radical economic measures.
Change, on the scale that is needed to effectively meet this economic crisis, requires two things: awareness of the problem AND the courage/confidence to address it. We have the AWARENESS piece down pat, but the COURAGE/CONFIDENCE aspect relies on human beings of extremely diverse circumstance each to do their parts. If we cooperate as one, we have a better chance of lessening the trauma.
Though few of us have much confidence in the courage of the G20 leaders to manage more than photo ops, there is the sliver of hope that this meeting might let the leaders provide each other with the support required to sell a unified plan to the wary citizens in each of their nations. It is difficult for a leader to unilaterally take “out on a limb” action, since citizens tend to cluster next to the trunk for security and will kick out a leader who prods them to action out of their comfort zone. But if every nation sat on its individual limb to balance each other and support new growth, the citizenry could take confidence in unity in purpose and action and discover the courage to follow their leaders.
Pie in the sky? Probably. But is it possible that even if only some of the leaders agree to work together, it could bolster their efforts back home to success… and perhaps even forge a new economic bloc of power and influence for the future.
The G20 should start with rethinking the capitalism as we know it. They should add another measure, are some people worth what they are paid?
However, there is no room now for the blame. There remains only one room and that is, to find a solution now or risk world chaos.
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