Saturday, 31 January 2009

PM says 'no clear map' for crisis

"This is not like the 1930s. The world can come together," the prime minister said.

"This is the first financial crisis of the global age. And there is no clear map that has been set out from past experience to deal with it.——Mr Brown

"We're learning all the time about how to deal with what are real problems for which we have no historical analogies to fall back on, because when the 1930s problems hit them, they did not have the global financial markets that we have today."

Mr Brown said a "laissez faire" attitude was not permissible and added that "there is implicit protectionism I'm afraid in what is happening at the moment".


digged from BBC

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