As the Occupy movement spreads across the world, we ask if people have lost all confidence in the global economy.
The Occupy movement is spreading around the world and gaining momentum. And with no end in sight, it is causing concern to governments everywhere.
It began in New York but has now spread to more than 900 cities across the globe. The protesters, inspired by the Occupy Wall Street movement, continue to express their anger at the global financial system, corporate greed and government cutbacks. They are calling on their governments to stop heeding the concerns of financial markets while ignoring the plight of their own people.
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As EU finance ministers meet to find ways to resolve their biggest financial crisis to date, the distrust in the global financial system is growing.
So have people lost all confidence in the global economy and global economic systems? Is there a global solution or do individual countries need different remedies?
Inside Story discusses with guests: Kanja Sesay, a student officer at the UK National Union of Students; Detlev Schlichter, author of Paper Money Collapse: The Folly of Elastic Money and the Coming Monetary; Sony Kapoor, the managing director of Re-Define, an international think-tank that advises policy makers on economic and financial sector policy.