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IMF Chief Warns of Violence if Financial System Benefits Only the Elite

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J3115
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IMF Chief Warns of Violence if Financial System Benefits Only the Elite

"If we are not able to do that [jump-start economic activity], then social unrest may happen in many countries - including advanced economies," Strauss-Kahn said.

He added that violent protests could break out in countries worldwide if the financial system was not restructured to benefit everyone rather than a small elite.

Continued:
http://www.guardian.co.uk/business/2008/dec/16/imf-financial-crisis


 
Posted : 16/12/2008 6:10 pm
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