This article highlights the critical differences between the US and European perspectives on how best to stop the financial crisis. While the US and UK call for increased stimulus money worldwide, European leaders believe that enhanced regulation of the market is the answer.
It will be interesting to see how this disagreement will play out at the G20 Summit, which will take place April 2. Hopefully world leaders can come together to propose a combined version of their agendas, because further disagreement will only serve to lengthen the crisis.
Wednesday, March 25, 2009
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