Archives by date

The G20, the G21 and the G192

As if there were not enough reasons to go mad, the proliferation of acronyms related to the crisis is such that one can hardly understand them. The first was the G20, a selected group meeting in Washington that pretended to represent all. The second was the also selective APEC group which met in Lima. There was the richest country, the United States; this is number one, with a per capita GDP of 45 thousand dollars a year. But there was also the number 100 country, the People’s Republic of China, with a per capita GDP of 2,483 dollars; this is also the number one investor in US Treasure bonds.… | more |

more on: , ,