G20 Summit Aftermath

The G20 summit has ended and the world leaders have emerged from their debate with the following plans:

The leaders of the countries with the largest economy will take on the current financial crisis with a trillion dollars. The International Monetary Fund will obtain $750 billion.

Furthermore, bankers’ pay will be under tight scrutiny, a new board will be set up in the IMF to act as an early warning system, greater regulation of hedge funds, aid to poor countries, and the largest stimulus ever, which would be five trillion dollars by the end of next year.

G20 Summit.

That’s a combined total of around $1.1 trillion dollars, or, $1,100,000,000,000. That’s the equivalent to $183 to everyone on the face of the planet. The $5 trillion dollar stimulus is thus: $5,000,000,000,000, and would be $833 per person in the world.

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