Paul Martin post politics …still powerful and persuasive.
“When he’s not on his farm about an hour outside Montreal, it is from that office that Mr. Martin, the man who fixed Canada’s fiscal mess in the 1990s as Jean Chrétien’s finance minister and gave rise to the Group of 20, is waging his many post-political battles. He chairs the Congo Basin Forest Fund, which aims to end poverty in the 10-nation region. He advises the Coalition for Dialogue on Africa, which examines critical issues facing the continent. He guides the Martin Aboriginal Educational Initiative, a not-for-profit organization he established to help native youth.
And these days, as governments and central bankers around the world grapple with punishing debt loads, painful public spending cuts and the shocks of the 2008 financial meltdown, his focus is on ensuring such a collapse doesn’t happen again. Frustratingly, he says, people aren’t grasping just how desperate the situation is.
“They think this is an American or British or European problem. It is today, but tomorrow it’s going to be a Chinese problem or it’s going to be an Indian problem. And there’s no reason to think that Chinese banks, Indian banks, when they’re as big as Citigroup, aren’t going to have the same problems.”
So here’s how Mr. Martin, who still advises the International Monetary Fund, would fix the world: “……
Read the entire article…valuable insights …..