NEW YORK, Dec. 12 (UPI) -- China needs to consume more as part of the global economic recovery, former British Prime Minister Gordon Brown said Sunday.
Speaking on ABC's "This Week" program, Brown said the United States doesn't have the power or resources to correct the financial meltdown that it started late in 2008.
"A solution in America is not going to be enough because ... you can't have financial stability in one country without having it in another, so you need a global approach to financial stability," Brown said.
Brown, who served as Britain's chief financial minister under the Labor government for 10 years beginning in 1997, said the U.S. economic recovery couldn't be resolved domestically.
"China has got to consume more," Brown said. "Asia has got to consume more. Europe's got to reform its markets."
Referring to the U.S. unemployment rate, now at 9.3 percent, Brown said the United States was hobbling itself.
"You haven't got enough growth." Brown said. "So you will always have high unemployment if you can't actually have the growth that is necessary to keep people in jobs.