WTO Chief: ‘Peace in Danger’
The global economic meltdown reminds World Trade Organization Director-General Pascal Lamy of the 1930s, but, he says, "The crisis today is spreading even faster and affects more countries at the same time" That could lead to political unrest of the scale that produces world wars.
The global economic meltdown reminds World Trade Organization Director-General Pascal Lamy of the 1930s, but, he says, “The crisis today is spreading even faster … and affects more countries at the same time.” That could lead to political unrest of the scale that produces world wars.
Lamy’s concern echoes our own Chris Hedges, who recently suggested that the U.S. could experience such unrest.
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Questioned about the risks of political instability, Lamy — who wraps up his four-year term as WTO director-general in September — responded that that was “the main danger”.
“This crisis weighs heavily on politics and puts peace in danger,” he said.
“Some democracies are old and sufficiently stable to overcome such problems, (but) others are going to be confronted by unrest and inter-religious and inter-ethnic conflicts.”
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