One quick and effective solution to the global economic crisis is a global economic and political reset. A global economic reset means that world leaders can come together to agree on debt forgiveness to all nations and restructuring of the global economy. Friends and enemies alike, no exceptions. To be fair to nations with lesser debts, they could be compensated on a ratio basis to enjoy treasury surpluses. A new international trade and reserve currency will probably be established to create a fair global economic system and to implement the reset. This could bring a new era of global prosperity and socioeconomic exchange. This is a much better alternative than currency wars, international hostilities and continuous risks of global socioeconomic shocks.Rate it:(5.00 / 1 vote)Say it

Med Jones

Med Jones is the president of International Institute of Management - A US based think tank specializing in applied strategy in the fields of economics, financial markets, and business operations. Jones is one of the few experts who predicted the global financial crises of 2008. In 2006 he warned about three crises to hit the US in the decade from 2007-2017; the burst of the housing bubble, US national debt, and the social security deficit. His statements and predictions are followed by economic researchers and investment analysts around the world. He is also noted for his contribution of the second generation of Gross National Happiness (GNH) framework, also known as GNH Economics.

All Med Jones quotes | Med Jones Books

click to add your vote (168 votes)

Translation

Find a translation for this quote in other languages:

Select another language:

Discuss this Med Jones quote with the community:

Citation

Use the citation below to add this quote to your bibliography:

Style:MLAChicagoAPA

"Med Jones Quotes." Quotes.net. STANDS4 LLC, 2014. Web. 17 Sep. 2014. <http://www.quotes.net/quote/44904>.

We need you!

Help build the largest human-edited quotes collection on the web!


The Web's Largest Resource for

Famous Quotes & Sayings


A Member Of The STANDS4 Network