Sunday, April 5, 2009

G20 Capitalism Failure

We have witnessed the world's strong economies coming together to solve the mess they created themselves, financial crisis. This is not the first time these supra-economies ever met to discuss the global financial crisis; and every time they meet, they face strong protests from anti-capitalism. We all know that these leaders are working hard for the good of the world; why is it that protesters from every corner of the world oppose and distort their gathering. Why can't protesters give these leaders a chance to quickly resolve this worrying economic situation, instead they protest and attack key governmental buildings.
Protesters somehow know that there are hidden agendas. Capitalism will never admit failure and this is not the majority of us want to hear.Capitalism is on the edge of falling into communism. All capitalistic governments are now run similarly to communism.Yes they are! Anecdote evidence of banks falling into hands of government clearly shows a form of communism where firms are owned by government. This has been the trend in most G20 nations.The meeting held in London to find best and quicker ways of ending the recession by no means touched some aspects of communism similar to the ones Mr Mugabe (and the late Mobutu of Zaire) has been using to run Zimbabwe. Britain for instance, had suggested to 'Print more money' so as to easy the recession. Brainy economists, strategists and financiers around the world ran out of ideas on how to solve this crisis. It now seems the only solution is to PRINT MORE- as Idd Amin once said to his Minister of Finance.
G20 leaders put a great show in London, they enjoyed being interviewed and have their pictures taken.Not one of them seemed unhappy or empathyse with those struggling to cope with daily life. We read and heard more stories of their menu, written by celebrity Chef J. Oliver. It is this menu that worked the magic for IMF to approve one trillion dollar- again it bounces back to Mugabe, Amin and Mobutus formula of Printing More.

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