To sum up: uh-oh

A nice summary of Europe’s money woes and the the G-20.

At first glance, the G-20 looked harmless.  As predicted, it cost much and accomplished nothing.  No decisions were taken, no minds were changed.  Politicians had their pictures taken; the press hailed mushy communiques as breakthroughs and delusional protesters played silly ‘revolutionary’ games.

That would be fine under normal circumstances; wasting taxpayer money on pointless pageantry is one of the least harmful things the world’s political leaders ever do.

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