Global currency and New World ( Order ) coming your way - Gorden Brown

Make no mistake about it. Prepare for change. That is the way forward. Watch Brown optimistic on consensus

Gorden Brown in his interview to Wall Street Journal is sounding out the coming world trade agreements, global financial regulatory body and global remuneration ( world common currency ) in coded language to mean globalization and world government. He "hopes" for consensus in the coming G20 meeting at London allegedly to help the poorest !!!!!!!!!

Mr Brown said that at the G20 summit in London "doing nothing is no longer an option".

We in the world community have to show the world that when there is suffering we are prepared to take action UK Prime Minister Gordon Brown

"We will have to take action in London to make sure that the banking system is reformed, to ensure ourselves that our financial institutions can come to the aid of the poorest countries and to make sure that we do what is necessary to ensure that there is strong growth and recovery and particularly jobs in the world economy as a result of the actions that we take," he said.

Urgent action was required to "to help the problems of the poorest", he said.

"A hundred million people have been pushed into poverty; half-a-million more children will die as a result of the failure of our system to be able to provide enough food and help and medical aid for them," Mr Brown stressed.

"We in the world community have to show the world that when there is difficulty we act.

"When there is suffering we are prepared to take the action that is necessary and when there is need we are prepared to meet it."

He added: "So I hope at the G20 summit, we will not only agree a pathway forward for world trade agreement but facilitate the expansion of trade in a world where trade is at the moment falling."

"I believe that now, for the first time, global leaders recognise the need to co-operate," Mr Brown said.

"While in each country people think and see a problem that is their country's problem, they also see that a solution to that problem doesn't just lie within their own country but lies in the international co-operation that is possible."

He said that he expected the London summit to produce "detailed results and positive decisions".

A lot of the work at the G20 summit would be about agreeing "common rules by which a global economy can work".

Some progress had already been made on getting tax havens to agree to share tax information on request and there had already been "the biggest fiscal stimulus in history" and big interest rate cuts, he said.

Asked whether there was a split between Europe's focus on strengthening regulation and the US concentration on a stimulus, he said both were important.

Every country had its own timetable for announcing its fiscal and monetary policies - that was a matter for individual governments, he said.

"Nobody is suggesting that people go to the G20 meeting and put on the table the budget they are going to have for the next year," he said.

Instead he believed they needed to look at, together, what had been done in terms of fiscal stimulus, quantitative easing and interest rates, and their effects, before deciding what should happen next.

"I see a consensus, not a disagreement, on that," he said.

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Comment by Jamie on March 26, 2009 at 8:39am
Clip of Gordon Brown interview with Wall Street Journal.

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