The G-20 dictates

The G-20 is like an exclusive club, made of the leaders of the industrialized nations. They act as a world leading body, without input from other countries or individuals. The rest of us are just supposed to wait to see what they will do and then thank them for running our affairs.

In the past there has been protests at these meetings. The G-20 is in affect a dictatorship that dictates to the rest of us, what economic policies will be. Until there is serious revolutionary change in some of these countries, we can expect more of the same.

From Yahoo News:

G-20 pledge sustained action on financial crisis

HORSHAM, England – Finance officials from rich and developing countries pledged Saturday to do "whatever is necessary" to fix the global economy, including supervision of freewheeling hedge funds and restoring bank lending by dealing with the shaky securities burdening their finances.

But officials remained cool to a U.S. push for more coordinated government spending to stimulate economies.

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