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George Soros Lauds Chinese Model Of Goverment – Wants
Global Governance Under UN Security Council
Infowars
Ireland
Thursday, Nov 5th, 2009
China’s economy will be the first to emerge
from the financial crisis, and its model will soon take the
leading position among the world’s economies, leaving
behind the current leader the United States. This forecast was
announced on Monday by leading financier George Soros.
According to him, China will play a primary role in the formation
of a new model capable of lifting the entire global economic
system from the ashes. In addition, Mr Soros said that “China
has become the country that receives the greatest benefit from
globalization, and has been least affected by the current financial
crisis. Soon the country will become a world economic leader,
therefore, the world’s dependency on it is not far off.”
The financier also said that at this point the recession is
far from over, and those who believe it’s the beginning
of stabilization of the world economy are profoundly mistaken.
Soros gave his pessimistic view on the current economic situation
during a week-long series of lectures he is giving at Hungarian
universities.
Soros said that the economy can only be saved with the cooperation
and assistance of all countries, as well as reorganization and
revision of the existing system. “Complete freedom of
movement of capital around the world proved to be ineffective
and should be stopped”, – he stressed.
“World markets need global governance. Their regulation,
which is currently too bogged down, has it’s roots in
national sovereignty. We should be adopting a new system of
control, which would simultaneously satisfy the interests of
all countries. The system can then decide which of the financial
organizations become too large and require a division, there
must also be new rules to control the movement of capital “,
– said Soros.
In addition, he said, the new system should be part of the
UN, and especially the Security Council, so that you can also
control processes such as global warming and the global nuclear
threat. “The creation of this system must be initiated
by the United States, but other major countries should enter
into it on an equal footing,” – he concluded.
Source: www.dni.ru/economy/2009/11/2/178487.html
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