This article includes helpful links for understanding the global economic crisis
The G20 will meet in Washington DC in an attempt to shore up & maintain the priviliged control over the global economy by the richest and most powerful nations (G20 = twenty most powerful countries in the global economy).
The G8 (Group of eight most powerful nations in the world) is unable to retain their control in the current economic crisis. Instead the G20 will meet in Washington DC in an attempt to shore up & maintain the priviliged control over the global economy by the richest and most powerful nations (G20 = twenty most powerful countries in the global economy, listed below). All those who have been involved in opposing elite control over the global economy are the natural inheritors of this new development in the continuing conflict with global elitism (many will be taking a minute to celebrate what has been accomplished in confronting the G8). In some places around the world there may be actions on Nov 15. During the G20 summit there will be a countermobilization (more information below). Here are some links/comments and forwarded emails on the current state of affairs. We'll know more about what we're up against next after Nov 15.
HELPFUL LINKS FOR UNDERSTANDING THE ECONOMIC CRISIS
"The 15 November meeting will include officials from Argentina, Australia, Brazil, Canada, China, the EU, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the US. Additionally, the managing director of the International Monetary Fund, the president of the World Bank, the United Nations secretary-general and the chairman of the financial stability forum, a group consisting of major national financial authorities and international financial bodies, have been invited to participate."
To: money crisis list
Subject: the G8 are dead, G20 will meet on 15th Nov. in
the G8 are dead, kaputt. That's why the G20 will meet on 14th/15th Nov.
2008 in Washington DC. And that's what they are going to do:
"The leaders will review progress being made to address the current
financial crisis, advance a common understanding of its causes, and, in
order to avoid a repetition, agree on a common set of principles for
reform of the regulatory and institutional regimes for the world's
"We expect that the leaders will discuss the effects of the crisis on
emerging economies and developing nations," Ms Perino added. "The summit
will also provide an important opportunity for leaders to strengthen the
underpinnings of capitalism by discussing how they can enhance their
commitment to open, competitive economies, as well as trade and
investment liberalisation." Dana Perino, spokeswoman for President
George W Bush
Subject: Counter mobilization G20 15th Nov. Washington DC
some organisations are now discussing N15 in Washington DC:
Two working committees came together as a result.
The first one is the */planning group for Actions /*and the second
group is the */planning group for a ‘Shadow Summit’ or Workshop/*.
Contact the following organizations to get involved include US Action, Global Justice
Action, Students for a Democratic Society, Jobs with Justice, BIC, Global Trade
Watch, Institute for Policy Studies