i am heart hacker .and loving boy ,i am cool boy .have a cool mind, cool signatur, hot boy,too much hand some,and hot ,nice beihavior. The current chaotic state of global finance has invalidated the existing orthodoxy in macroeconomic management. If the IMF formula of stabilising economies by forcing them to adhere to deficit-GDP ratio targets was arbitrary before, it is completely unjustifiable now. The crisis triggered by subprime lending in the US was caused by cheap cash. The solution found by ‘prudent’ and ‘responsible’ monetary authorities in rich countries was to loosen monetary policy further. This means more cheap cash for investment banks to fuel speculative bubbles in international commodities markets. The G-8 summit acknowledged speculation as a key source of commodity price spirals, but did little else.