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Davos

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de kap
on 03 03+00:00 February 03+00:00 2009

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The world’s business and government leaders only have a short time to develop effective solutions to the current economic crisis, participants at this year’s World Economic Forum Annual Meeting were told. The message from the Annual Meeting is that leaders must continue to develop a swift and coordinated policy response to the most serious global recession since the 1930s: global challenges demand global solutions.

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davos economy business poor

comentarios (2)

Member

funny..!

samir alramahi, on 28 28+00:00 November 28+00:00 2009 reportar contestar applause 0

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the answer comes from classical economics. the economy will have to self-correct. prices and wages will have to come down to reflect the marginal product of labor. i've seen evidence of wage flexibility in the data. thanks for making my day start off right.

dogbreath, on 04 04+00:00 February 04+00:00 2009 reportar contestar applause 0