G-20 Proposes $1 Trillion Plan
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Nations participating in the G-20 conference came up with a bold and expensive new plan to solve the international economic crisis. The package includes pouring $1 trillion into the international financial system, and a six point plan for bank reform across nations.
The G-20 leaders also plan to establish an international "Financial Stability Board" to monitor market movements and protect against future crises.
These measures are likely to shorten the recession and promote widespread financial opportunity and prosperity in the future.