By Kevin McLoughlin
THE G20 Summit in London was said to be the start of the “fight back against the global recession”; and the creation of a “New Economic Order”. Some of the leaders even said it was “historic”. Does the G20 agreement mean that a global recovery is likely soon?
While hailing the summit and “green shoots” of recovery, the G20 was mainly an orchestrated public show of unity, a papering over of huge economic difficulties. Like relatives at a wedding, on the surface the “leaders” were nice to each other but under the surface they are increasingly agitated.Read More »