The Meaning of the G-20 Summit

November 14, 2008 RSS Feed Print

A few thoughts and observations on the big G-20 wingding here in Washington:

1)The financial footprint of this hastily-called meeting will be far less than the carbon footprint.

2) The best thing that could come out of it would be a joint statement that was as ringing in its defense of free markets and free trade as was the speech yesterday by President Bush.

3) This meeting show s outsized sense of self-importance by France and perhaps the entire EU.  What could possibily be achieved in terms of a new Bretton Woods without the attendence of the next U.S. president and the contribution of  China, which probably will not sign onto any new intrusive regulatory framework.

 

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I would like to know just what g20 stands for

jan 8:45PM April 05, 2009

..President Bush's speech on Saturday afternoon? "..l.ringing in its defense of free markets..." ... a bit of a misnomer. Bush was drunk and/or overmedicated; he could barely express himself, except in the one moment that he said, "when they meet again," and then remarked that "they" did not include him because, in case the press hadn't noticed, he was retiring.

It's difficult to image creating a character more completely self-absorbed that George W. Bush. France has an outsized sense of self-importance? At least it's a country. Bush is only a ranch.

W C Lestina of 11:47AM November 17, 2008

Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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