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Senator Yves Leterme, Belgium: Is neoliberalism doomed?

Senator Yves LetermeSenator Yves Leterme, Former Prime Minister of Belgium, compares the Anglo-Saxon and the Rhineland models of socio-economic development. The current economic crisis he believes has stemmed from an over purification of neo-liberalism, which saw many economies move from over-regulation, to de-regulation, to self-regulation to non-regulation. The cure? A blending of the best of the Anglo-Saxon and Rhineland systems. Senator Leterme explains how.