Friday, 13 March 2009

G20 leaders are good for nothing

Telegraph
"At a time when our public finances are in a state of catastrophe, it is right to look for savings. And an obvious place to start would seem to be the cancellation of the G20 meeting of the world's supposedly richest economies, scheduled in London in three weeks' time. After all, it is now apparent that this circus – estimates of the cost of which seem to range from £20 million to £50 million – is going to achieve nothing. ....But once Barack Obama, late on Thursday, let it be known that he was not expecting any particular "commitment" to be issued at the end of the meeting, it became absolutely clear that the enterprise was doomed."

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