NationStates Jolt Archive

http://news.sbs.com.au/worldnewsaustralia//bush_european_leaders_agree_on_financial_crisis_summits__560311
http://news.bbc.co.uk/2/hi/business/7677486.stm
http://www.bloomberg.com/apps/news?pid=20601087&sid=atEt2ELh7cZY&refer=home
"We want to work hand in hand with the Americans to create the capitalism of the 21st century,'' Sarkozy said. "The meeting should be held rapidly, perhaps before the end of November. Since the crisis started in New York, maybe we can find the solution in New York.''

We're looking at attempts for a repeat of Bretton-Woods (http://en.wikipedia.org/wiki/United_Nations_Monetary_and_Financial_Conference) here, which means this has the potential to be quite huge. It's of course difficult to say just what the different parties will bring to the table - the Americans will presumably stand for the strengthening of some regulations and that's it. I think Sarkozy is fully capable of demanding a setup of new global institutions, perhaps even on such things as international labour standards (at home that would protect French jobs from competition, which also means that this would never get past the Chinese et al). And who knows what sort of things some of the developing countries might come up with?

What do you reckon will happen here? And will the American elections mean that the US can't actually take a firm stance on anything?

http://news.sbs.com.au/worldnewsaustralia//bush_european_leaders_agree_on_financial_crisis_summits__560311
http://news.bbc.co.uk/2/hi/business/7677486.stm
http://www.bloomberg.com/apps/news?pid=20601087&sid=atEt2ELh7cZY&refer=home


We're looking at attempts for a repeat of Bretton-Woods (http://en.wikipedia.org/wiki/United_Nations_Monetary_and_Financial_Conference) here, which means this has the potential to be quite huge. It's of course difficult to say just what the different parties will bring to the table - the Americans will presumably stand for the strengthening of some regulations and that's it. I think Sarkozy is fully capable of demanding a setup of new global institutions, perhaps even on such things as international labour standards (at home that would protect French jobs from competition, which also means that this would never get past the Chinese et al). And who knows what sort of things some of the developing countries might come up with?

What do you reckon will happen here? And will the American elections mean that the US can't actually take a firm stance on anything?

The elections will be a fly in the ointment unless they hold off to February. Otherwise, it's an excellent idea - probably an overdue one.

Comintern is to hold a rival conference to inform the workers of the internal contradictions in the capitalist system that caused the crisis. I'll be attending the conference in a security role (guarding the vans of the proletariat or something, don't know why they can't have ordinary cars). Most importantly, I can reveal that at this conference there will be free vodka for all who attend.


I apologise. I know that the Comintern was dissolved many years ago (it took a very strong solvent). And the joke about the Vodka? Very poor (insert Communist economy joke). Its not like all communists were Russian. To suggest so is just be-czar.

Otherwise, it's an excellent idea - probably an overdue one.

Bourgeois scum.

The states got very scared by the lack of regulation in Wall St. Iceland's belly-up could have been the first of many and it's not over yet. It will be a neo-Keynsian victory.

The "free market" shat in its own nest once too often.

Bourgeois scum.

And proud of it!

Interesting indeed. It will, if it happens, be a historical and epic meeting that may revolution the global economy. Or, because of so many different economic ideologies clashing, it may change nothing but still become historic and epic. Either way, it's a good idea and I look foward to it materializing.