Instead of spewing meaningless garbage about global imbalances, the G20 should save itself the trouble and focus on things it can actually achieve, according to our readers. I’m paraphrasing they actually just said No in answer to the question Is the G20 right to focus on global trade imbalances
Who knows what our readers really meant, but it seems reasonable to suppose that they view the G20’s efforts as ineffective, rather than fundamentally misdirected. Global trade imbalances are a real and serious problem, as most central bankers agree, but the G20 group of nations is probably not the right body to do anything about them.
Last week’s...
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