Why Don’t The Rich Nations Offer The World Solutions To The Financial Crisis?

worldIn the News (from Global Issues): Many people are now calling for fundamental reforms of the financial systems, internationally. This includes international banking and finance, to reform of international financial institutions such as the World Bank and IMF … it was hoped leading developing countries might have voice to make the rich nations agree to meaningful measures … Instead, rich nations resisted substantive reforms demanded by developing countries.

My Comment: Today, no one is making any offers to anyone because the future is uncertain. People can plan for long-term reforms as long as the markets are predictable, but now, no one understands what is going on. And this trend will continue until people discover that the problem is the faulty relationships within the society.

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