The past week saw the global economy staring into the abyss as stock markets the world over crashed, currency markets witnessed wild gyrations and the creditworthiness of the most advanced countries became suspect. One would have thought that having learnt the lessons of the 2008 global financial and banking crisis, the leaders of the major economies would come together to reassure the markets and fashion a co-ordinated response. But the premier institution for global economic governance, the G20, is “missing in action”. Once again we are witness to a series of ad hoc, uncoordinated and inevitably ineffective measures, taken nationally, which the markets refuse to accept as credible.
Wednesday, November 2, 2011
Where is the G20?
The past week saw the global economy staring into the abyss as stock markets the world over crashed, currency markets witnessed wild gyrations and the creditworthiness of the most advanced countries became suspect. One would have thought that having learnt the lessons of the 2008 global financial and banking crisis, the leaders of the major economies would come together to reassure the markets and fashion a co-ordinated response. But the premier institution for global economic governance, the G20, is “missing in action”. Once again we are witness to a series of ad hoc, uncoordinated and inevitably ineffective measures, taken nationally, which the markets refuse to accept as credible.
Fall of a chopper
Nearly two decades ago, the Russian military occupation of Afghanistan began to go awry when the mujahideen began to successfully target Russian helicopters. The mujahideen’s principal military backers, Pakistan and the United States, recognised that without helicopters, the Russian troops would be less mobile and less effective.
Military analysts say one of the main reasons for Moscow’s defeat was the US’s decision to supply Stinger, hand-held anti-aircraft missiles, to the mujahideen via the Pakistan army and the ISI in the mid-1980s.
Test
Hello!
Is anyone there?
Hello!
Hello!
Is anyone there?
Hello!
Is anyone there?
Hello!
Is anyone there?
Hello!
Is anyone there?
Hello!
Hello!
Is anyone there?
Hello!
Hello!
Is anyone there?
Hello!
Is anyone there?
Hello!
Is anyone there?
Hello!
Is anyone there?
M1 A1
Thousand miles an hour
Gorilla's got the bass drum
Gorilla say I want some, some
La la la la la la la la la
La la la la la la la la la
Hey!
La la la la la la la la la
Hey!
La la la la la la la
Hey!
M1 A1
Thousand miles an hour
Gorilla's with the beat y'all
Say in what the seller
We go
M1 A1
Thousand miles an hour
Gorilla's with the bass drum
Keep that sound
Wake it up
Check ya'll come on now pray!
D'ya hear that?
M1 A1
La la la la la la la la la
Hey!
La la la la la la la la la
Hey!
La la la la la la la la la
Hey!
La la la la la la la
Hey!
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