The G-20 Comes To Some Conclusions

The G-20 finance ministers released a statement promising to fight for truth, justice and the American Way. Honestly, I don’t know why I and others wast any time at all writing about this stuff.

Just to brighten your day and so you know that the politicians of the world are on top of things, here from the WSJ is a summary of what they came up with.

Our key priority now is to restore lending by tackling, where needed, problems in the financial system head on, through continued liquidity support, bank recapitalization and dealing with impaired assets, through a common framework,” the finance officials said.

“We reaffirm our commitment to take all necessary actions to ensure the soundness of systemically important institutions,” they added.

If you want to read the whole communique, here is the link.

I know it will make you feel better.

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