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.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
October 16, 2008
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