we will also make decisive progress on structural reforms that foster private demand and strengthen long-run growth potential."
"Where reckless behavior and a lack of responsibility led to crisis, we will not allow a return to banking
pearl earrings as usual."
"We are committed to act together to raise capital standards, to implement strong international compensation standards aimed at ending practices that lead to excessive risk-taking…"
"We designated the G-20 to be the premier forum for our international economic cooperation."
"We are committed to a shift in International Monetary Fund (IMF) quota share to dynamic emerging markets and developing countries of at least 5%."
"Sustained economic development is essential in order to reduce poverty."
The G-20 is made up of the seven most industrialized and richest countries: United States, Canada, Germany, Britain, France, Italy and Japan, plus Russia; the 11 principal emerging countries: China, India, South Korea, Indonesia, South Africa, Brazil, Argentina, Australia, Saudi Arabia, Turkey, Mexico and the
akoya pearl necklace European Union, a number of which have excellent economic and political relations with us. Spain and Holland have participated as guests in the last three Summits.
The idea of capitalist development without crises is the grand illusion that the United States and its allies are trying to sell to the emerging economy countries participating in the G-20.
Almost the totality of the Third World countries that are not allies of the United States are observing how this nation prints paper money which circulates throughout the planet as convertible currency without gold backing, buys shares and companies, natural resources, goods and real estate assets and public debt bonds, protects its products, dispossesses nations of their finest brains and confers an extraterritorial nature on its laws. This is
dancing pearl in addition to the overwhelming power of its arms and its monopoly of the fundamental means of information.
Consumer societies are incompatible with the conservation of natural and energy resources that the development and the preservation of our species require.