October 10th, 2008
08:31 AM GMT
LONDON, England - What do you expect finance ministers meeting in Washington to say? I have had some thoughts (below), and I want to read yours:
We, Finance Ministers and Central Bank Governors, met today to evaluate the global economic outlook (and were pretty horrified by how the markets have stuck two fingers up at our responses so far ...)
We have committed ourselves to ensuring the stability of the world financial system (but frankly, we don't know what to do next ... Hank's idea didn't really work ... Alistair's plan in London was interesting and is getting a lot of credit ... as for poor Trichet, not sure what he is up to ...)
We believe that our economies are fundamentally sound (hey guys, we have to say this, even though so many of us are heading into deep recession ... )
And that we will co-ordinate activity to ensure the return to steady growth (assuming any of us can afford to make an international phone call after we have finally paid the bank bailout plan – Hank? will you take a collect call?)
We commit ourselves to the successful conclusion of the Doha round of World Trade Talks. (Hey guys – don't forget, we always add this bit into every G7 statement ...)
At that point, most of the so-called G7 sherpas decide the G7 ministers need to be removed to a place where they can't do any more damage to themselves or others.
Now then – add your own touch to this G7 communique.
About Business 360
CNN International's business anchors and correspondents get to grips with the issues affecting world business, and they want your questions and feedback.