Saturday, November 5, 2011

G7 + G20 = 0

A main dynamic of the era is, alas, not economic cooperation but economic clash between countries, more so than between multinational corporations.

With that in mind, the G7/G8, the G20 and other bodies (including WTO) are of marginal at best real significance.

If one factors into the dynamics and systemics of the era the role of global finance, then that begins to show the chaotic nature of the times.

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