World Economic Forum To Meet

The World Economic Forum will search for solutions to the financial crisis which started with the mortgage bubble breakdown in the U.S. Some 40 world leaders but without the top finance officials of the new U.S. administration who seem to be occupied by the crisis or by the confirmation process will be absent.

Keynsian economic theory which in essence throws taxpayers money at the problem proved to be wrong in the past but has resurfaced in this latest financial crisis. The economic fugus promoted by FDR is far from over.

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