Voices of the Middle East and North Africa

Guns and Butter

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"The World at Crossroads" with Franck Biancheri, Research Coordinator of LEAP/E2020's GlobalEurope Anticipation Bulletin.  We discuss Franck Biancheri's open letter to the G20, "Last Chance Before Global Geopolitical Dislocation", which advocates for three strategic recommendations:  1) the creation of a new international reserve currency, 2) the control of banks on a global scale, and 3) an independent assessment of the three national financial systems at the heart of the current financial crisis – the United States, United Kingdom and Switzerland.  If radical action is not taken within six months, it is anticipated that the opportunity to shorten the crisis to a 3 to 5 year duration will no longer be possible, and the world (particularly the U.S.) will be in for a very harsh geopolitical dislocation lasting for a decade or more.