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Its time for the bankrupt G7-cabal to ask for a pimped up G10 Meeting including the rich BRIC countries

by Open-Publishing - Saturday 11 October 2008

Trade-Exchange Rates G7 - G8... Governments

How can the cause of the global financial crash, the bankrupt G7-US-vassal-states, want to credibly assure the global financial problem to be solved?

The global investor confidence can only be reclaimed if solvent countries such as Russia (repaid its total foreign debt recently) and heavy weights such as China, India and Brazil, in the negotiations carried out.

A global problem can only be solved globally. The sooner this, the arrogant Western high finance recognizes, the better for all of us.

A pimped up G10 with BRIC countries (Brazil, Russia, India and China) would solve the global financial problem within a useful period.

How long we let the Fed and its warmongers playing "trial and error" without being able to come up with an credible solution to solve the global financial crisis?

To involve Brazil, Russia, India and China, it means that the US is not anymore able to handle the financial crisis by its own, and that means also, that the US lost its superpower status, and therefore they are trying to reorganize their collapsing system by their own, which is impossible to do, they want to solve the global crisis by means of local methods, and this will fail poorly as we all will realise pretty soon.

Its time now for the bankrupt US-led-G7-cabal to beg for help with a pimped up G10 Meeting including the rich and powerful BRIC countries

Just my 2 cents from Switzerland :hf: