$1 trillion to fight recession…

Posted by super sal
In à la carte
2Apr 09

this better not be a gambler’s addiction of  spending more to get out of debt. it doesn’t work out too well for the gambler…
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cnn – G-20 pumps $1 trillion into beating recession
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The six-point plan includes banking reform measures and more than $1 trillion to be spent on restoring credit, growth and jobs, as well as measures clamping down on tax havens and a commitment to build a green and sustainable economy.

The six-point consensus consisted of measures to: 

  • restore confidence, growth, and jobs   
  • repair the financial system to restore lending   
  • strengthen financial regulation to rebuild trust   
  • fund and reform our international financial institutions to overcome this crisis and prevent future ones   
  • promote global trade and investment and reject protectionism, to underpin prosperity   
  • build an inclusive, green, and sustainable recovery
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    oh wells, there’s always lady gaga…
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