Indian finance minister Chidambaram sternly calls on US and Europe to rectify the mistakes of the West and 'set their house in order''
Babu Ghanta
Nov. 15, 2008

India is calling on US and Europe to rectify the damage done from the financial stupidity of the West. Finance Minister P Chidambaram has asked the US and Europe to "set their house in order" to reverse the impact of the financial crisis on economies worldwide and help capital to flow back to developing nations.

"If they (US and Europe) set their house in order, surely capital will flow back to developing countries...Credit will flow back and things will be much better Chidambaram said in Washington ahead of the G-20 meeting.

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