Sunday, February 8, 2009

WTO Chief Joins Others in Warning of Crash-Induced Unrest

The head of the World Trade Organization is warning of financial crash-induced unrest.

As quoted by AFP:

The global economic crisis could trigger political unrest equal to that seen during the 1930s, the head of the World Trade Organization (WTO) said in a German newspaper interview Saturday.

"The crisis today is spreading even faster (than the Great Depression) and affects more countries at the same time," Pascal Lamy told the Die Welt newspaper.***

"This crisis weighs heavily on politics and puts peace in danger," he said.

He joins many others in warning that the economic crisis could lead to food riots, unrest or even revolution, including:
Of course, there is already rioting in Europe. But things could get a lot worse, and spread internationally.

No comments:

Post a Comment

→ Thank you for contributing to the conversation by commenting. We try to read all of the comments (but don't always have the time).

→ If you write a long comment, please use paragraph breaks. Otherwise, no one will read it. Many people still won't read it, so shorter is usually better (but it's your choice).

→ The following types of comments will be deleted if we happen to see them:

-- Comments that criticize any class of people as a whole, especially when based on an attribute they don't have control over

-- Comments that explicitly call for violence

→ Because we do not read all of the comments, I am not responsible for any unlawful or distasteful comments.