Please see latest official report from IMF itself of the global financial crisis

http://www.imf.org/external/pubs/ft/weo/2008/01/pdf/exesum.pdf.

This is explains the official view of what is going on and how serious it is.

The level of debt so far uncovered is about 900 billion

The total assets of the IMF are 200 Billion- so we have already exceeded well beyond what the IMF is able to correct.

Therefore there is a level of chaos and a wiff of global institutional bankruptcy.

The huge hike in world food prices, and the fact that european capital has chosen to go down an eco - innovation and eco- efficiency through technology route- involving bio- fuels has led to world food prices causing food riots and global instability which have usually led to wars or revolutions as a matter of course throughout history.

This is combined with a bankruptcy of ideas from larger corporations who have never operated in an era of growth slown before under their current arrangements.

This is requiring a major rethink into what they need to do.

It also means a major rethink into global economics.

It means considering how we all operate in a lower growth scenario and how governments can run a sucessful economy.The Institute is currently working with government agencies in the UK and in Europe in order to provide answers to these questions

Green Economics offers solutions to these problems. If you would like to find out more please email us on greeneconomicsinstitute@yahoo.com or come along to one of our conferences - the next one is in July 17th 18th 19th at Oxford University, all are most welcome, or come along to one of our workshops or training sessions or join our Institute by emailing us on greeneconomicsinstitute@yahoo.com.

A membership form is on this website, in the top left hand side of each page, just fill it in and send it to us.

Looking forward to hearing from you

Miriam Kennet

Green Economics Institute

Co- Founder and Director April 2008