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2008-11-22 22:28:49
Spark
liquid fluoride thorium reactor
+874|6979|Canberra, AUS
http://edition.cnn.com/2008/WORLD/ameri … index.html

Leaders from 21 nations that account for half the world's economy pledged not to implement protectionist measures for the next 12 months -- no matter how punishing the global downturn gets.
Well? Good, bad or ugly?

Will it last - especially under an Obama administration (who, by the way, didn't even send aides to the conference)?

Does APEC even mean anything?

Last edited by Spark (2008-11-22 22:30:00)

The paradox is only a conflict between reality and your feeling what reality ought to be.
~ Richard Feynman
2008-11-22 23:21:50
AussieReaper
( ͡° ͜ʖ ͡°)
+5,761|6457|what

APEC does mean something, problem is they will let those fail that really shouldn't.

Now that the banks can start lending to each other again, the small banks will suffer and collapse relatively quickly and feel the weight more than the larger banks who have already been cushioned from the financial collapse.
https://i.imgur.com/maVpUMN.png
2008-11-23 10:33:39
Turquoise
O Canada
+1,596|6710|North Carolina
I favor reciprocal trade.  Free your markets only as much as your trading partners do.
2008-11-23 13:26:30
Commie Killer
Member
+192|6691

Turquoise wrote:

I favor reciprocal trade.  Free your markets only as much as your trading partners do.
Both countries just keep putting more restrictions on each other then.
2008-11-23 14:20:54
Turquoise
O Canada
+1,596|6710|North Carolina

Commie Killer wrote:

Turquoise wrote:

I favor reciprocal trade.  Free your markets only as much as your trading partners do.
Both countries just keep putting more restrictions on each other then.
Not necessarily, but when that does apply, it's better than opening up your markets without getting any open markets in return.

 

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