G20 Economy Talks To Boost Recover
Published / Last Updated on 03/09/2009
G20 Economy Talks To Boost Recover
G20 talks in London have confirmed a commitment to continue economic stimulus for World economies in order to prevent any economic recovery stalling.
Many such as France and Germany, who are already in recovery, are opposed to much more stimulus in an attempt to avoid inflation and wish to curb government efforts whereas the UK and US, perhaps where the recession is more deep seated, which to continue with the same level if not more measures.
We suggest this is an inflation bubble waiting to burst and it will come back to haunt us.
Many leaders also agreed that the G20 countries must introduce "binding rules" to regulate banks and their bonus culture.
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