Skip to comments.UN chief says crisis could result in failed states
Posted on 04/01/2009 8:57:42 PM PDT by 2ndDivisionVet
UN chief Ban Ki-moon warned Thursday that failing to act to halt the global economic crisis could lead to widespread social unrest and failed states, ahead of the G20 crisis summit here. "What began as a financial crisis has become a global economic crisis," the UN secretary general wrote in an article in the Guardian newspaper.
"I fear worse to come -- a full-blown political crisis defined by growing social unrest, weakened governments and angry publics who have lost all faith in their leaders and their own future."
(Excerpt) Read more at breitbart.com ...
Lets hope some Muzzle countries fail
UN chief says crisis could result in failed states
don’t forget CA.
[Ban called for a “truly global stimulus” package, and argued that developing countries need one trillion dollars over 2009 and 2010.]
Only a trillion? No problem. No price is too high to prop up some cannibal in a field marshal’s uniform.
That’s ok. Let them fail.
We had a lot of failed states before the crisis. Zimbabwae, Haiti, Sudan etc. The UN has not acted on any of those..so what’s the big deal about a few more?
CA is already a failed state..with a failed Governor.
"CRE has its own vicious cycle. Unemployment increases, demand for office space decreases, rents fall, and then commercial property prices fall. CRE prices have already fallen and the next leg down could make the subprime crisis look like a cakewalk. "
Yeah, we could see this spread into Europe. Seeing EU states fail would be really bad. Could even happen here.
No kidding. I’m in the energy business and we set records as recent as August. Now it is crap and the world has shut down as far as power monitoring. I thought I was safe. Wrong.
This guy thinks so.
"Civil unrest will break out before the end of the year. The Military and Guard will be called up to try to stop it. They won't be able to. Big cities are at risk of becoming a free-fire death zone. If you live in one, figure out how you can get out and live somewhere else if you detect signs that yours is starting to go "feral"; witness New Orleans after Katrina for how fast, and how bad, it can get.
"The bad news is that you won't have a job, pension, annuity, Social Security, Medicare, Medicaid and, quite possibly, your life."
Ban ki-moon is a doom and gloom guy. If we don’t act now b.s., that is his favorite line. Act now or global warming. Act now or failed economy. What exactly has this guy done? Stop Iran from nuc development? nope. Help Sudan’s persecuted? nope. It is way past time to ditch this organization.
Lou Dobbs tells United Nations Secretary General Ban Ki-moon to STICK IT!
This is great, enjoy.
This UN guy is taking his cues from Obama: create financial chaos, exploit it, generate hatred ,fear and more chaos by an unrelenting propaganda campaign against wealth producers, drive companies out of business, nationalize them, turn power over to corrupt union thugs, form civilian thug brownshirt brigades. The marxists are using government to destroy freedom. The UN is the facilitator of totalitarian regimes: China, Russia, Venezuela, Iran, the African dictatorships, the Muslim theocracies. The UN is the friend of tyranny and the enemy of freedom.
Thu Apr 2, 2009 12:49am EDT
TOKYO, April 2 (Reuters) - Japan's Nikkei average gained 4.1 percent on Thursday as automakers surged on growing optimism about the U.S. economy after a string of better data than expected.
Banks such as Mizuho Financial Group (8411.T) gained on short-covering after recent sharp falls, while signs that foreign investors are becoming more active buyers also helped boost overall sentiment.
U.S. auto sales for March met or beat Wall Street's dismal expectations and encouraged hope that the world's largest car market may be nearing bottom. [ID:nL1176986]
Market analysts said this combined with a range of factors, including a sense that a "managed" bankruptcy of General Motors (GM.N) has been largely factored in, helped send auto shares surging for the second straight day.
That won't happen as long as Obama has access to your/my tax dollars.
Your assessment is on the bullseye. Good one.
This is the international version of Sharpton’s threat that it’s gonna be a long hot summer when shaking down quivering politicians.
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