Nouriel Roubini inspires those 15.7 million unemployed Americans who would dare believe that they might once again be productive members of society:

Think the worst is over? Wrong….

Source: Gawker

“The Foreign Policy Association, BritishAmerican Business, and Chatham House hosted a Global Financial Forum titled “Building a New Financial Order,” on April 26, 2010, at Citicorp Conferencing Center in lower Manhattan. The event brought together leading policymakers, regulators and financiers to discuss the future of the financial services industry, and the measures needed to avoid future crises.

Governments worldwide have taken steps to relaunch economic growth and boost investment prospects. They must balance these goals against the need to regain control over public finances and promises to ensure financial stability in the future.

What is necessary to create a new, more stable global financial order and how far will global cooperation extend? Will new financial regulatory rules ensure high rates of economic growth or will they hamper investment and beneficial financial innovation? To what extent is it possible to prevent future financial crises, or are crises too deeply rooted in fallible human behavior?

The conference will examine the impact of the stimulus and regulatory measures enacted by governments worldwide and consider the outlook for the global economy. It will outline the likely future shape and robustness of the global financial services industry, discuss the measures necessary to restore global financial stability and debate the implications of government intervention and guarantees in ensuring future economic growth.” Source>>>>>

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