18.11.10

Escaping the Crisis using Innovation



We’re living one of the most serious challenges of recent History.

The financial crisis created an economic crisis and, finally, a social crisis that shook the foundations of the World economy. Greed mixed with ineptitude from the financial system has destroyed the dreams and lives of millions of people around the World.

In spite of everything that History taught us about previous economic crisis and depressions, the truth is: no one really knows how to successfully solve this mess! Cutting monetary stimulus too soon and preventing new bailouts could result in a new recession. Cutting it too late could cause dependence. And while we’re here talking about our economic meltdown, emerging economies are working at full business speed, surpassing us every day on their road to success.

One thing is for sure: we need a new plan that points to a sustainable solution! And we need it now!

Read the rest of the article at the OnInnovation Blog.

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