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G20 leaders seal $1tn global deal
Originally posted by mithrawept
Lets get this in some kind of context.
If you are reading this then you have a computer and an internet connection. This makes you amongst the top 3% rich people in the world.
If you have a refrigerator, a closet a bed and roof over your head, you are amongst the 25% of richest people in the world.
More than half the population of the world survive on $2 or less a day. That's $730 a year. A quarter survive on $1 or less a day. (The Miniature Earth)
The population of the world is 6.77 billion (Wiki). The international bail out of $1.1 trillion is enough to feed the 3.4 billion sub-$2 per day population for 162 days.
Anyone else feeling sick right about now?
Originally posted by mithrawept
I think it's shameful that the G20 wasn't televised. No accountability, no visibility, no responsibility.
Originally posted by 44soulslayer
Just a final note to the people saying "Where is the bit about the global currency"...
Please take the time to read the thread, I have answered that question twice already.
The "new" currency is the SDR- Special Drawing Rights, the IMF's custom currency.
Just read the original posts and you should be able to understand. I don't appreciate being called a liar/ attention seeker... the facts are there in plain view, it's not my fault if you are unable to understand subtle economic concepts. If you wanted Brown to come out on camera, hold up a coin and say "Hey look! Here's our new one world currency", then you will be sorely disappointed. The SDR is the subtle attempt to introduce a new world reserve currency, displacing the dollar from prominence.
Originally posted by andrew123
Originally posted by 44soulslayer
Just a final note to the people saying "Where is the bit about the global currency"...
Please take the time to read the thread, I have answered that question twice already.
The "new" currency is the SDR- Special Drawing Rights, the IMF's custom currency.
Just read the original posts and you should be able to understand. I don't appreciate being called a liar/ attention seeker... the facts are there in plain view, it's not my fault if you are unable to understand subtle economic concepts. If you wanted Brown to come out on camera, hold up a coin and say "Hey look! Here's our new one world currency", then you will be sorely disappointed. The SDR is the subtle attempt to introduce a new world reserve currency, displacing the dollar from prominence.
So whay does the SDR represent? A fictional currency? To have a currency you need something physical to represent it.. unless it will be entirely electronic that is..........
Maybe Obama can roll it up like a joint and pass it around Congress...don't forget to let GB take a few hits.