G-20 related links
By Barry Ritholtz - November 15th, 2008, 12:30PM
Lots going on with this weekend’s big group of 20 meeting.
Ron Paul on Global Economic Summit (Video)
The Group of 20: A Primer (Economix)
The G20: A Viewer’s Guide (The Baseline Scenario)
G-20 to Back Stimulus, Call for More Market Oversight (Bloomberg)
G-20 Crisis Talks Begin in Washington (WSJ)
At Global Finance Talks, 20 Different Agendas (NYT)
G20 economic conditions (Infectious Greed)
November 15th, 2008 at 5:44 pm
The Real News did a piece on the summit and called it a circus- http://www.consortiumnews.com/2008/111408a.html
November 15th, 2008 at 6:43 pm
Perhaps too much was expected from a hastily called meeting by a Lame duck President. With nothing coming out of it, the world markets selling off Monday will be a HUGE raspberry of discontent aimed squarely at the useless clowns present but too damn impotent to do anything.
November 15th, 2008 at 8:39 pm
Isn’t the commitment not to impose any trade barriers at least a little encouraging?
November 15th, 2008 at 10:23 pm
Surely there will be an announcement that something tangible has been decided, even if it is only that they sent Benjamin directly to the Mint to begin printing while Hank warmed up the helicopter….?
November 16th, 2008 at 12:10 am
They didn’t need a G20 meeting for that output. It was written as if by a bunch of bureaucrats. The main issues of currency imbalances, dollar hegemony, current account imbalances, deficits (corporate, public, govt) and the financing of those deficits, not a damn word. No, they didn’t need a G20 meeting. Just another photo-op. Market is going to tank HARD next week as it is sadly disappointed. Yes, perhaps too much expected, but not to see a word on the key issues. The leaders are cowards.
November 16th, 2008 at 12:20 am
now I see why the DX rallied sharply in the last hour of late afternoon trade (NY). this “meeting” just goes to show that there is still NO viable solution in the works. More pain on the way especially in techland where the news couldn’t have been any worse this past week for this sector since ‘01.