The finance ministers met over the week-end in their smoke-filled rooms (for some reason able to smoke in public space) and delivered the promise that they will do whatever it takes to end the recession.
No policies were announced, and it is known that Germany and France at least are not dancing to Gordo's tune, to pump more and more money in a reckless gamble. The problem is that although the recession may be global, it is not even in incidence nor manifesting itself in the same way, Each country has different needs.
Never mind, in less than a month the real men and women of power will meet in a summit in London and the saviour of the world as well as the saviour of America will both be there.
There are likely to be differences on protectionism, regulation and on massive spending. The betting seems to be that all the strutting of G. Brown will produce only a vague consensus once again. Perhaps over the months something more may emerge, but the world is sinking further into recession/depression.
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