Friday 24 October 2008

New World Shaping Up?

Global govts step up crisis response - Yahoo!7 News
"A better world will emerge from this crisis than the one we had before," he said, adding that the fund would "intervene massively" in order to protect any strategically important French firms.

Here is how French do it. I wonder whether this is the shape the world is going to take. It seems so according to current woes that can be read in the news all over.
Creation of a 100 billion Euro fund to intervene in the market crises and to protect the interest of the state will not stop in France. The US is already doing it, just not calling it the same.
Well, the time of free markets is over for now. Time to clean up a bit.
A practical good result from all this may be that the developed countries will have less problems with obesity and other food-related issues. :)

No comments: