
White, blue-eyed bankers are entirely to blame for the world financial crisis that has ended up hitting black and indigenous people disproportionately, the president of Brazil declared .
"This Global Economic crisis was caused by no black man or woman or by no indigenous person or by no poor person," said the President of Brazil. In an outspoken intervention as Gordon Brown stood alongside him, Luiz Inacio "Lula" da Silva pledged to make next week's G20 summit "spicy" as he accused the rich of forcing the poor into greater hardship.
"This crisis was fostered and boosted by irrational behaviour of some people that are white, blue-eyed. Before the crisis they looked like they knew everything about economics, and they have demonstrated they know nothing about economics."
The remarks by Lula, a former trade union leader who had an impoverished upbringing in the poor north-east of Brazil, enlivened Brown's five-day trip to North and South America. This is designed to pave the way for a global agreement on how to tackle the global downturn at next week's G20 summit in London, to be chaired by Brown.