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October 10, 2008 | Bob Martin | Comments 0

Determining Wealth

In Monday’s “International Herald Tribune”, By Emily Kaiser Reuters stated “Finance leaders from wealthy nations may need to offer more than words this week as they struggle to prevent a global recession.” She is talking about the G7 (Canada  France, Germany, Italy, Japan, United Kingdom, and the United States). So just how is wealth determined? Given some of the countries that are not included on this list, I might suspect that wealth is determined by the amount of money owed.

If we are experiencing a global financial crisis, where is the rest of the world?

Maybe what the G7 should do this weekend is to test their ideas on second life, before having a visible conversation with the rest of the world. (China, India, Russia, South Korea, Mexico & Gulf States)

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