Monday, November 07, 2011

On the G20 Cannes Meeting - Two Classical Civilizations Meet At Last

We live in a world where the question of whether or not the global economy tumbles into depression depends on whether or not the savings of Chinese peasants can be mustered to bail out Greek pensioners and civil servants.

Sometimes it is worthwhile to be on the sidelines -- as the Japanese government is laboring mightily to do -- and watch the circus parade go by.

No comments: