'White, blue-eyed bankers have brought
world economy to its knees':
What the Brazilian President told Gordon Brown
Daily Mail
27th March 2009
Gordon Brown’s efforts to broker an £80billion bailout for
world trade on a trip to Brazil hit a stumbling block
tonight when the country’s president lashed out at ‘white,
blue-eyed’ bankers for bringing the world economy to its
knees.
Mr Brown watched on uneasily as his host, President Luiz
Inacio Lula de Silva, launched a bizarre tirade in which he
warned that next week’s G20 summit in London would be a
‘spicy’ affair.
President Lula said it was completely unfair that the
poorest people in the world were suffering most for the
mistakes of wealthy, Western financiers. brown and lula
‘This was a crisis that was fostered and boosted by
irrational behaviour of people that are white, blue-eyed,
that before the crisis looked like they knew everything
about economics,’ he declared.
‘Now they have demonstrated that they don’t know anything
about economics.’
President Lula, head of Brazil’s main left-wing party, said
that ‘no black man or woman, no indigenous person, no poor
person’ had been in any way culpable for the global banking
crisis.
‘I’m not acquainted with any black banker,’ he said. ‘The
part of humanity that’s responsible should pay for the
crisis.’
The president, who apologised for coughing at the start of
his joint press conference with Mr Brown because he had
been snacking on ‘cheese bread’ immediately beforehand,
lavished praise on the Prime Minister’s role in trying to
rebuild world economies.
But he said he favoured tougher regulation of the financial
sector than Mr Brown and celebrated the chance the crisis
gave governments to create a bigger state.
Turning to the G20 summit in London, he added: ‘Normally we
are very polite with each other – but this meeting in
London, it has to be a little bit spicy, a little bit of
heat.’
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