May 11, 2011 - Five lucky PQA staff members were chosen to be among the sold-out audience that was captivated by Former U.S. President Bill Clinton’s lecture on the State of the Global Economy at Fredericton’s Aitken University Centre.
Clinton discussed the world economy, mainly focusing on the development of a sustainable economy for, and by, less fortunate countries; citing his involvement with the citizens of Haiti as a good example. He emphasized that while donations do help, they do not fix the problem - systems need to be put in place to “reward good conduct” which, in turn, will work toward the creation of a sustainable economy. He suggested that donations be directed toward supporting those systems rather than directly to the poor. Clinton also drew special attention to, and commended, the business practices of Canada’s lending institutions throughout the recent global economic crisis, during which Canada stayed strong and avoided high-risk derivatives and risky mortgages, unlike their U.S. counterparts.
To read more about Clinton’s address to his New Brunswick audience, click here:
http://dailygleaner.canadaeast.com/search/article/1405770