“Unless the world’s richest nations come to the rescue of weakened states, the global financial crisis might sprout another leg”
Oh boy, now the Times is calling for vague cash distribution to most of the world’s treasuries. They’ve lost sight of the concept of money and believe it’s a matter of just firing up the cash printing press. The Times is probably also projecting their own cashflow problems on to world events. I saw a program on PBS yesterday where the commentators were calling for a multi-billion dollar government funding of the Times and other newspapers. They believed that unless the government directly funds newspapers the public will not receive any information.
Liberals gone mad!