(photo from www.worldbank.org/za)
“G-20 leaders meet at a summit in Washington, D.C. to discuss the current financial crisis.”
How did the 20 leaders get to be the leaders of their respective countries? They got there because they had the sharpest elbows in their own Political Parties and fought their way up to be the “Leader of the Party”. Their party got elected to government and so they became the “Leader of the Country”.
Granted they are expert at “How to get yourself to the top in Politics” but few, if any, are experts in economics, or have the background knowledge to know what to do in a very complicated and dangerous financial crisis.
Yet these are the people who are making crucial financial decisions that will affect us all!
Gawd help us!!