Monday, March 30, 2009

The mind-boggling pointlessness of the G20 summit. - By Anne Applebaum - Slate Magazine

The mind-boggling pointlessness of the G20 summit. - By Anne Applebaum - Slate Magazine: "By Anne Applebaum
Posted Monday, March 30, 2009, at 7:59 PM ET

British Prime Minister Gordon Brown And now for a riddle: What is big, loud, unnecessary, and costs $75 million? No, not a retired elephant in a diamond-studded dress: The answer is, of course, a Group of 20 summit. These G20 meetings—younger, chubbier cousins of the equally pointless G7 and G8 summits—have been going on since 1999 in an under-the-radar kind of way but have lately taken on a new urgency. Indeed, the next one, which will be held in London on Thursday, is being widely billed as the summit that will save the international economic system, provoke a stock market rally, create lasting prosperity, and save the politicians present from the disgruntled voters protesting outside. And all this in a single day!"

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