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ECB President Favors Global Governance
Posted By admin On May 3, 2010 @ 4:06 am In World News | Comments Disabled
May 3, 2010
Related: Former Nazi Bank To Rule The Global Economy 
The President of the European Central Bank, Jean-Claude Trichet, told Forbes that global governance is extremely necessary if we want to prevent another financial crisis.
In his prepared printed and spoken remarks to the Council on Foreign Relations, Trichet emphasized that politicians, economists, and financiers must work across the Atlantic and collaborate on methods to create an international set of standards.
It is his belief that through global governance, the resiliency of the global financial system can be assured, noting that ultimately it was governments’ use of taxpayer’s money, equivalent to around 25% of GDP on both sides of the Atlantic, that prevented another catastrophic great depression from occurring.
With the backdrop of a U.S. financial regulation bill being stuck in the Senate, he argued three main points in support of creating internationally agreed rules.
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URLs in this post:
 Forbes: http://blogs.forbes.com/face-to-face/2010/04/29/ecb-president-favors-global-governance/
 Former Nazi Bank To Rule The Global Economy : http://www.prisonplanet.com/former-nazi-bank-to-rule-the-global-economy.html
 Trichet Calls For Corrupt BIS To Boss Global Government In CFR Speech : http://www.prisonplanet.com/trichet-calls-for-corrupt-bis-to-boss-global-government-in-cfr-speech.html
 Video: ECB President On Global Governance: http://www.forbes.com/video/?video=fvn/business/ecb-president-on-global-governance
 Image: http://infowars-shop.stores.yahoo.net/inemnewwoord.html
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