Help - Search - Members - Calendar
Full Version: G-20 Nations Come Up W/ $1 Trillion Economic Plan
MoneyMakerGroup > MoneyMaking: Markets, Real Estate, Banking, and Investments > Forex > Traders Lounge


dannyson1
Nations participating in the G-20 conference came up with a bold and expensive new plan to solve the international economic crisis. The package includes pouring $1 trillion into the international financial system, and a six point plan for bank reform across nations.

The G-20 leaders also plan to establish an international "Financial Stability Board" to monitor market movements and protect against future crises.

These measures are likely to shorten the recession and promote widespread financial opportunity and prosperity in the future.
isleno
QUOTE (dannyson1 @ Apr 3 2009, 04:12 AM) *
Nations participating in the G-20 conference came up with a bold and expensive new plan to solve the international economic crisis. The package includes pouring $1 trillion into the international financial system, and a six point plan for bank reform across nations.

The G-20 leaders also plan to establish an international "Financial Stability Board" to monitor market movements and protect against future crises.

These measures are likely to shorten the recession and promote widespread financial opportunity and prosperity in the future.



Don't believe it. Well they are going to put up 1 trillion $. Question is where they are getting it from. Foremost the USA is gonna pay the main part of it to the IMF.
Where are the USA get the money from? They are broke! Right on...from the tax payer. This G 20 is an absolute joke!!

Regards
dannyson1
QUOTE (isleno @ Apr 7 2009, 04:41 PM) *
Don't believe it. Well they are going to put up 1 trillion $. Question is where they are getting it from. Foremost the USA is gonna pay the main part of it to the IMF.
Where are the USA get the money from? They are broke! Right on...from the tax payer. This G 20 is an absolute joke!!

Regards


You're absolutely right when you say the U.S. is broke and most likely getting the money from taxpayers. It's unfortunate that most of the funds will come from the U.S., what about the other nations ?? Oh wait, most of them are broke too.
This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please click here.