March 30, 2009
G20: a damp squib won’t be the end of the world
Posted by: : Category: Uncategorized
I’ve written enough times - before the finance ministers’ summit for instance - that we can expect little in the way of tangible economic agreements out of the G20. This would be expecting too much (knowing what today’s bunch of politicians are and aren’t capable of). The world’s financial system has collapsed; the very foundations of both it and the precepts that underpin global capitalism have come under question. These kind of disturbances cannot be undone or repaired overnight.
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Source: Business Listings
