What are people opinions if no concrete plans result from the ministers of finance G7 meeting this weekend? Are we going to get a week like last?
I was listening to George Bush speak a few moments ago after coming out of the meeting and it sounded like the some old, uninspiring stuff we have been hearing for the past weeks (we will use all the tools at our disposable etc ).
I'm hoping that the leaders immediately vow start to guaranteeing interbank loans, hopefully then we can see Libor stop rising and a bottom to this market. That being said I am a newbie and would appreciate other peoples thoughts.