SocraticGadfly: Bretton Woods to come under review?

October 16, 2008

Bretton Woods to come under review?

There’s indications that a special world financial summit this weekend could do just that. France, Germany and Britain are all calling for the world’s 64-year-old system of financial architecture to be reviewed.

Whether much change is made or not, that call for change would underscore this is indeed the biggest financial crisis since the Depression. The size of it as a general economic crisis is another issue, however.

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