MUST READ: Rescuing our jobs and savings: What G7/8 leaders can do to solve the global credit crisis

"Without rapid and coordinated action by G7/8 leaders, this financial crisis could turn into a jobs crisis, a pension crisis and much more. This column introduces a collection of essays by leading economists on what the G7/8 leaders should do this weekend. The dozen essays present a remarkable consensus on a few points: we need immediate, coordinated global action that includes recapitalisation of the banks."

Rescuing our jobs and savings: What G7/8 leaders can do to solve the global credit crisis