Can Obama Save the Global Economy (and Globalization) at the G-20?

What does this "rebalancing" play from Washington amount to? In a nutshell, a near-term future in which America consumes less and China consumes a helluva lot more. But Obama's "framework" also promises diplomatic cover for all sides in this rebalancing process by empowering the International Monetary Fund to monitor G-20 member pledges and flag them for consultations if voluntary targets aren't being met. Since sanctions never work (even if Dmitri ... Full Story »

Posted by Derek Hawkins - via Real Clear Politics
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Posted by: via Real Clear Politics - Sep 25, 2009 - 6:48 AM PDT
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Edited by: Derek Hawkins - Sep 25, 2009 - 8:19 AM PDT

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