As representatives of the world's 20 leading economic powers meet in Britain, we're bringing you coverage of everything from the goals of the event to the protests against it. These are particularly challenging times for G-20 reps because most of their countries are in the same boat as the U.S. You know how we've been talking about struggling businesses, a weak stock market and increasing unemployment? It's a scene repeated around the world.
Now you probably have some ideas on how things can be improved...and here's your chance to tell us! What would you say if you were given the spotlight and microphone at the G-20 event in London? What ideas do you have for fixing up the world economy?
Carl Azuz, Anchor
I think Carl should rule the world. Or at least the country. We would have to change the name though. Apunica, Pundia, Punsia, Pungary, Afripun, Pundon, Mexipun, Mesopuntamia, or even Pundouras.
I think the most essential thing to do now is to create jobs. I know the decision of increasing jobs may trade off certain important things. But if everybody has a job, the world economy will regain its power soon, really soon, and it can make things up, cure those trade-offs, really.
One of the effective methods to improve the economy, I think, is to create more stable industries. It helps hold the economic balance back, decrease risks from other dangerous and unstable industries, also bring more jobs to people.
I support the idea of adding more regulations on commerce, but looking for ways to cut tax or provide stimulus to business.
Let's hope our economy will return to its good shape again.
Give more say on dicisions to China,the Central Kingdom!
Mr.presdent or U.S should listen to other nations' voice while having a clear statement to call on the other nations in G-20 summit like Eruo China India etc.to bond together to go through the tough times,such as buy the U.S bonds. since the recession can no longer solved by any SINGLE country.
-Fix banks
-Spur growth
-Support developing countries
-Aid poor countries
I think that the G-20 should focus mainly on the world economy.
I think that the leader of the country should make there own choice, and it should not be the leaders of other country's choice.
My advice for the G-20 would be to help the economy and to help the middle class and the poor.
well what i would do is just let things flow and see what happens
my advise that they try to fix the economy.
I would focus more on education and getting money to those countries that are poor. I'd do that instead of being selfish. After those people get food and stuff, I'd focus on the economy of my country and others.
My for the advice for the G-20 is that they need to stop doing all the things that they are doing it is not funny at all so can you stop it now.
I would say we need to give money to people who are struggling. If I had the spotlight I would tell everyone that we should find a way to get the money flowing, get more people spending. Which means we would probably have to give out money first.
Well I think that if I was in London and that happened to me I would be completely clueless. So to help the economy I think that instead of pointless commercials we should put like world leader on there and have information about them. Instead of chewy chocolate chip cookies on the tv screen singing.
Save the 'poor' countries first. I mean, sure, other countries are also in a pretty bad shape. But we do not want those poor countries to become even poorer. Right?
We think that they should add money to the system.
Well i think that the G-20 hasn't started off well. The roits have leaded to many areests and that isn't a good way to go. Also, I think Obama's plan for the economy isn't very well thouhgt out. He is basically putting us in billions of dollars of debt to get us out of the aldready accumilated debt. Though we do need a quick and easy plan to get us out of the crisis I don't think that his is as well thouhgt out as it could be.
People all over are waiting to be employed so that they can pay their bills and take care of their families. The percentage of unemployed is going up by the day. Samll buisness cannot get the lone that they need to pay their employees and to pay for other necessities need to keep their job successful. These people can't afford to wait around any longer for some one to save them and their families.
Personally, I don't have an idea on a better way to deal with this but that doesn't mean i don't believe there isn't a better way to deal with this crisis.
Economy+Ecological+Obama=Jobs, Money, Freedom.
I love this country. Let us share the love with the world.
NEW NEW NEW NEW DEAL. G-20 should talk about creating tons of new jobs through scientific research and the construction of said inventions/designs/ideas. We should invest in things like the development of energy sources(wow really?!) and cleaner running pieces of machinery. That way we could help humanity not run out of resources, make our environment go "FAIL" less quickly, and make jobs.
Phft I'd ditch London and go to Italy! JK!! Personally I don't know, to be honest I truly don't know what to do and I have no real thought-out opinion...
I think that to come up with new jobs they should take a poll of the American people and see which three jobs most people can do, then they should focus on making more of those and then have training facilities to help others. Also i think America should come to an agreement with Cuba because i think that once we do that we would get money due to trade. Right now we all need eachother.
I thnk that the leaders should ask the citizens of their countries. This should help because then the big-wigs will know what the people think is best for the people's country. *And a bonus point is that people will feel important.
Obviously the economy is going to be the major problem, but from what I've seen the G-20 has been turned more into a political scape goat and media hype than something productive, the media went on about the G-20 for days, and the world leaders only meet for 2 hours or so.
Job creation is the most important subject. Jobs=GDP and GDP=Tax revenue which reduces deficit which increases standard of living. They are simple rules of economics.
all great civilizations have to fall sometime. nobody knows what happened to mohenjo-daro one of the greatest civilizations to come into making. the aztecs are, well, gone. things change. now i'm not saying people should start panicking or anything but i think this is the beginning of the end. the good thing? rival countries have finally come to their senses and are working together to help each other. the advice i have for G20 is this: hire people to plant trees. it's beneficial both to us, and to our enviroment.
second, don't shut down any big factories. big factories= thousands of employees= thousands of jobs. third, if you really want to help and you're a teen, then stop getting pregnant. that's adding more people and more worries to the scene.
In my History class, we have most recently been discussing the Great Depression and what lead up to it. Before the crash of the stock market, people had begun to buy things on credit, reducing the amount of money that was circulating. Due to this “buy now because you want it now, even though it is with money you do not have” mentality, (though it was buttered up to seem less objectionable) the “money” that people were using to buy was really no money at all.
Thus, when the great scare came, people rushed to take their money out of the banks, except that there ws no money to be taken out. The banks had spent the money, too (investing in the stock market) relying on credit. When there was not money in there, then the Great Depression came.
Today, we are doing the exact same thing again. People are spending money they do not have to spend. “Fake Money” doesn’t circulate very well. If this nation, and the world as well, is not to fall into a 2nd Great Depression, then people must wizen up and spend less, even though stimulus packages are being handed out right and left to boost spending.
The problem isn’t that people are not spending, it is that they are not spending with money that they actually have. The concept of credit, though ideal, just as the concept of communism is ideal, neither of them work to the benefit of the user because people are corrupt and do not follow the guidelines by which these ideals demand in order to work.
I propose, then, that buying on credit should no longer be allowed. Loans as well, can be classified under this same category. The idea is that people spend what they do not have, and end up in much greater debt and trouble then if they had simply waited until they either had the money, or just learned to do without. We are America, the land of the plenty. However, we have also become the land of the extreme over indulgence.
This removal of spending without having can work, because if the option to buy now on credit is eliminated, then people won’t have the choice. People will not like this, and businesses will be upset, and even banks will protest in great numbers, but then the question arises to them: which is more important? A stable, healthy economy, spending their own honest money, or an economy supplied by “fake money” which is hardly a good economy at all.
I think this is a sensitive subject because how can we know if the people's interest and the country's economy's interest are on common ground?
I think theres a lot of things to cover. So, the first thing to start with is to get people to start jobs.
-help people that are poor
-feed the straving
-give money to banks
-help countries
-help people cut out drugs and beer/wine/etc.
I personally think that you [Yes, YOU, Carl] should rule over the world. Your funny puns [though some diss you for that] will make everyone smile none-the-less and your dance moves will start another evolution of dance ;D
I think there is many thing G-20 have to do. But especially I think they have to support developing country. We have to help then by free service and donate many things they need.
We help the poor country, and we should do search out their resources like petroleum or we delvelped their country, For example, Korea build the factory in poor country.
Well If I was given the microphone in the G-20 I would be talking of taking actions on taking the third parties out. Like dealing with the finances at times you have to go through a third party before things can get set up like loans. I would also talk of foreign countries investments that so many of the countries are doing. I would also talk of the export import business especially from all a around the world. I would go back to the great depression and try to see some points of cause and put it in front of the world leaders. I would talk of working as a team and shares.
first, most important and most difficult thing,,,,,,,,G-20 should discuss making jobs around the world.
Umm....I think G-20 should decide what is the most important industry for improving the standard of the living. Each government should invest on such industry and lead to the comfortable future.
I think they have to make banking organs go well first. They have to close bad cycling banking organs fast, and improve more organs. That will help world's economy. So i think they have to do that as fast as they can.
I think the G20 has more ostentatious effects than the power that can produce actual result. Leaders would soothe the publics by stress on the agreement while hiding the contention under the table. After all, we need stable emotion to turn the economic around, and I totally understand and support this action.
If i were a leader at the conference, I would have done the exact same thing while trying to solve domestic problem first. One can't expect to solve the external problems while internally he or she is in a mess.
help the poor
I figure that G-20 should create more jobs since there are many people who lost jobs. Maybe, even things like the New deal should happen again.
I think there are many problems to solve. G-20 should take care of many hunger children. And they have to take balance of eductation of many countries. But not like 2MB:(
My argument to STOP weapons of mass destruction!!!!!!!!!!!!!!!! My argument for years and I'm no rocket scientist............
I would like ALL leaders from ALL Countries to take a deep breath and think about this.........................Then ACT Appropriately, with common sense for a change together without arguing.
North Korea launched it's missile a few days ago.
Coincidentally, Italy had an earthquake yesterday.
Ground blasts, environmental changes, most of all explosions, and removal of elements, (i.e. OIL that keeps internal planet Cool) must be eliminated to save ALL The world or there will be no planet.
There appear to be some Countries that think they are tough.
However, when ALL is lost, who will be the winner?
I think that the first thing that should happen is to lower the morgages and taxes. Because if you have a job, that is great. But if the morgage and taxes are to high so that you can;t pay them with your wage then you are in trouble. Next you should let the banks start loaning again. Buisnesses can;t grow without some financial help. Next they need to work on the job system. To many people are fretting about how bad the economy is already that tey don;t see they are making it worse by making other people worry.
i would start the companies out by trading items instead of importing. Then, for like picking bannanas (did i soell that right?) you need workers to pick them so there is a couple more jobs there. Then once our economy heats up and the trading is going ok, i would start importing and exporting stuff. theres an extra couple jobs there too! so then adventually everything is back to normal!
Let time mend these problems.
I am really talented at playing the cello. To hear the soothing sounds in my room is the BEST way to get away. To forget about school and the world is such a relief. Playing my cello is 'da bomb! No one tells me what to do!
The one thing thats been on my mind is all of this money being thrown at corporations, in ALL leading economic countries this is happening. How do goverments think that by throwing the lifeline twards the corporations, the people will survive?! Yes, the companies need money for lost profit, but the reason their loosing profit is because the PEOPLE DONT HAVE MONEY TO SPEND!!! Banks failing and other fails I understand, but one way to prevent that to happen is to help the PEOPLE. I have to take Ralp Naders side on this one, the corporations have seriously messed us up. Big time. And the poloticians, lets not forget them!
#1 banks need to be smarter on giving people loans for things.
#2 The government needs to be smarter on spending their money, because you constantly find them wasting it on things that you don't need at all.
#3 Company's that are going in debt, part of your in debt is your fault because you spend all your money on advertising and putting your name logo on buildings and race cars. You don't need every type of adverting source to get your company's name out into the world.
The bottom line is that everyone needs to be smarter on what they spend their money on.
I think we should keep in how money we spend and whose pocket the money is going towards and we do not want another Great Depression Thanks Justin