Saturday 4 April 2009

A day on, the G20 deal loses its shine

Daily Mail
"The summit failed to tackle the dizzying $2.2trillion of toxic debts held by world banks. ....Nor did the G20 address the trade imbalance between a surplus-rich, producer-driven China and a debt-laden, consumer-driven America. While China sits on trillions of dollars of reserves, the U.S. sinks into ever greater debt. .....And Mr Brown? As Peter Oborne outlines in his column on page 31, it appears he was guilty of some double-counting and spin in Thursday's triumphal address."

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