Nazarbayev: World Drew No Conclusions From Financial Crisis

Dr. Michael LaitmanOpinion: (President of Kazakhstan Nursultan Nazarbayev): “Proper conclusions have not been drawn from the world crisis, while a transition to a new global economic model is only a subject for discussion, President Nursultan Nazarbayev of Kazakhstan believes. ‘The world has not drawn the needed conclusions from the past crisis years, and now nobody can make a reliable forecast even for the coming few months….,’ he said.

“He suggested to adopt new bank regulation laws as soon as possible. ‘Three years ago we all saw what happened to our absolutely liberal banking system that was not controlled by anybody. Banks have turned into the gangs of swindlers and thieves,’ he continued.

“’Discussions around the law on project financing have been going on since the end of 2010, and I call your attention once again to the alarming situation in the world financial system. Those draft laws include legal guarantees to all the consumers of financial services. I suggest to proceed with their adoption,’ he stressed in conclusion.”

My Comment: However, nobody has a plan for exiting the current situation. It’s because they do not take into account the fact that this situation is a natural state of our evolution or rather, of our incompatibility with the global interconnected system of nature.

Related Material:
G7: No Clear Economic Plan
Global Economy: Is Anybody In Control?
Yanukovych: The Global Crisis Is Not Over


  1. I agree, there’s no connection behind the history of things and our current decisions now when it comes to government and politics and even social changes. I think this influences everyone’s inability to see the larger picture as a whole. I bet, from a practical point of view, if someone were sat down and asked about the entire planet as a whole and it’s development over the history of time. No one would be able to come up with a semi cohesive answer. We have “notions” of things, but mostly live in the now of what am I getting for myself. And not thinking of the planet as a connected system to our decisions. Just my opinion.

  2. I agree with S, to add, most of these plans are very short term. Little if any of the plans have a complete connection towards the future unity and beyond. If that was the initial primary goal, then we would work backwards, from the future state to now, to decide what to do, as opposed to now, to maybe tomorrow, and for just our own benefit.

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