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United Kingdom : Darling Seeks G-20 Plan to Deal With Asset Bubbles.
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November 9, 2009
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Byline: babalu03
U.K. Chancellor of the Exchequer Alistair Darling said the Group of 20 nations should develop a way to tackle asset-price bubbles as the world s leading economies recover.
We have got to make sure we don t get ourselves into a situation where some pressure starts to rise and then it becomes bigger and bigger and when the whole thing comes to an end it has catastrophic consequences, Darling said in an interview with Bloomberg Television.
The comments help shape the agenda for a meeting of G-20 finance ministers hosted by Darling ...
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