Monday, May 3, 2010

Article Link: "The President of the European Central Bank is Calling for a One World Economic Structure"


The President of the European Central Bank Is Calling for a One World Economic Structure

Jimmy DeYoung
Jean-Claude Trichet, the president of the European Central Bank, has called for global governance of all financial institutions saying it is extremely necessary if the world wants to prevent another financial crisis like what is happening today. Trichet emphasized that politicians, economists, and financiers must work together and collaborate on methods to create an international set of standards and that through this global governance the resiliency of the global financial system can be assured.
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