The big summit in Seoul is over, and all the world’s leaders have emerged with a united plan of action to stabilize the global economy. That’s the headline that the G20 conference would like me to write, but I can’t. We had another opportunity missed, but no one really expected anything else. That’s the situation around the world right now.
Responsible nations like Brazil did their best to reign in the profligate ones like the US, but with little result. I like using that as the headline because the irony of it is really funny. The joke, however, is on all of us.