Luiz Inacio Lula da Silva Quotes

What is different between national inequality and global inequality is you have another element there that is sometimes forgotten: what matters for global inequality is relative growth rates between poor and rich countries.

I believe that it is very difficult in the world of today to continue with G-8 only without taking in account the importance of Brazil, China, India, many in the world economy, because these countries are great consumers, large consumers, and we're also becoming great producers, and also because we were better prepared than the rich countries for the nowadays global crisis.

The powers of financial capitalism had a far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences.

I think global coordination is tremendously important. I hope we can see this happening through the G20 and through coordination of regulatory regimes around the world. I guess those are the main features of this bill that are important.

Most people believe that inequality is rising - and indeed it has been rising for a while in a number of rich countries. And there is lots of talk and realization of this. It's harder to understand that at the same time, you can actually have global inequality going down. Technically speaking, national inequality can increase in every single country and yet global inequality can go down. And why it is going down is because very large, populous, and relatively poor countries like India and China are growing quite fast.

For 60 years, since World War II, we have been trying to create a rules-based system, a global economic system. We understand that what makes our economy function is what we call the rule of law, and what is true domestically is also true internationally. It is important to have rules by which we govern our relations with other countries.

Globalization has benefited middle-income less than either richer or poorer countries.

Foreign aid might be defined as a transfer from poor people in rich countries to rich people in poor countries

All the banks in Christendom could not control money.

Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States

Some of the people in finance touch enormous parts of the economy.

The financial system has to be regulated, we have to end with the tax havens, and it's necessary that the central banks in the world should control a little bit the banks' financing because they cannot bypass a certain range of leverage.

The IMF acts on the mandate of the international community.

The Federal Reserve places great importance on our relations with the Bundesbank. Few such relationships have been as important, over the decades, in promoting financial stability and prosperity around the world.

The OECD deals with the economic aspects of a host of issues, including education, health, and the environment.

The single most important impediment to global institutions is the concept of "my country, right or wrong".

The global crisis is caused by pathologies inherent in the global financial system itself.

The multinational corporations now developing budgets often bigger than medium-sized countries — these live in a global space which is largely unregulated, not subject to the rule of law, and in which people may act free of constraint.

In a day and age of global competition and instantaneous financial flows, you have to be highly sensitive to the way in which tax policy impacts your overall competitiveness as a country.

We need a federal government commission to study the way our financial services system is working - I believe it is working badly - and we also need more educated investors. There are good long term low-priced mutual funds - my favorite is a total stock market index fund - and bad short term highly priced mutual funds. If investors would get themselves educated, and invest in the former - taking their money out of the latter - we would see some automatic improvements in the system, and see them fairly quickly.

Nobody...likes talking about enforceable international protocols and yet unless there is a real change in attitude, we have to contemplate those very unwelcome possibilities if we want the global economy not to collapse and millions, billions, of people to die.

First and foremost, it's important to remember that, from my perspective at least, my most important legacy was making sure that the world didn't go into a Great Depression.

It's not Utopian to believe that we can create a global registry of financial assets so we know who owns what in different countries.

I believe we should try to move away from the vocabulary and attitudes which shape the stereotyping of developed and developing country approaches to human rights issues. We are collective custodians of universal human rights standards, and any sense that we fall into camps of "accuser" and "accused" is absolutely corrosive of our joint purposes. The reality is that no group of countries has any grounds for complacency about its own human rights performance and no group of countries does itself justice by automatically slipping into the "victim" mode.

If you believe that the job of the federal government is to secure this country, it's really important for you to understand that success in Iraq is part of securing the country.