tags
High hopes for 'Bretton Woods II' summit
Leaders from the worlds top 20 economies have gathered in Washington to discuss how best to tackle the global financial crisis. The emergency summit is already being compared to a key post-World War II ecomomic settlement known as Bretton Woods. The Bretton Woods accord led to the creation of both the World Bank and the International Monetary Fund. Al Jazeera's John Terret, reporting from Bretton Woods, New Hampshire in the US, asks if the G20 summit can live up to such high expectations.
Channel: News & Politics
Author: AlJazeeraEnglish
Length: 02:33
Rating: 4.46
Views: 1703
Tags: Bretton credit crunch G20 Global Washington Woods
Video Comments
formless777 (November 30, 1999 at 12:00 am)That is patently ridiculous, right now the free market is so far out of control that without regulation it will never correct itself. Besides, Obama isn't the socialist... the Republicans are the nationalizers of private companies (freddy fanny) and the destroyers of private wealth, that's socialism at it's worst. Wake up !
jjrglobal (November 30, 1999 at 12:00 am)
The chances of O'bama making the problems 100 times worse with socialism= 100%
jjrglobal (November 30, 1999 at 12:00 am)
It worked? How do you figure? If by worked you mean destroyed this country's wealth, so much so that we may never recover. Even if we do, Keynes and his fascist ideas have ruined the idea of free market capitalism. It is a shame that Capitalism is taking the blame when it is clear to any rational thinking person that the Fed and socialism caused this mess. Let's hope they don't allow any Keynesian fascist assclowns in the meeting!
gizmoandpeng (November 30, 1999 at 12:00 am)
The Bretton Woods conference consisted of 44 countries, and lasted 22 days. There were both men and women involved in the conference and it stabilised the world economy. The Bretton Woods accords did far more for many of us than we will ever realise. Lets hope the meeting they plan to have by April 2009 will be at Bretton Woods -again - it seemed to have worked the first time for many years.
JrGammel (November 30, 1999 at 12:00 am)
Bretton Woods had a half-honest money system until Tricky Dicky nullified it in 1971. Since then, the US central bank has plundered dollar savers.
jburt56 (November 30, 1999 at 12:00 am)
And the new standard of wealth will be the kilowatt-hour. . .
formless777 (November 30, 1999 at 12:00 am)
That was quite funny and not untrue. You covered the main features of the outcome of supply side economics and endo-colonization.
formless777 (November 30, 1999 at 12:00 am)
The chances of this working with Dubya at the helm =0%
takerdust (November 30, 1999 at 12:00 am)
Paultards are still better than being a libtard
teemuruskeepaa (November 30, 1999 at 12:00 am)
I don't the fact how the middle aged upper class men of the governments of 20 countries are making decisions for the rest of the world. We deserve personal political voice and freedom of bureaucracy.