SNAP ANALYSIS: New world economic order takes shape at G20
By Lesley Wroughton Fri Sep 25, 2009
PITTSBURGH (Reuters) – The Group of 20 is set to become the premier coordinating body on global economic issues, reflecting a new world economic order in which emerging market countries like China are much more relevant, according to a draft communique.
Phi Beta Iota: G-20 along with the International Monetary Fund (IMB) and the World Bank are headed for a rude decline in the next decade. What matters now is NOT trade in industrial era terms (that ignored “true cost”) but rather population and the potential of that population to create wealth. Here's our take, followed by a new book we recommend, and several categories of books that we have reviewed that bear on this matter.
REALLY MATTER FOR FUTURE:
Brazil China India Indonesia Russia
MIXED GROUP MISSING IRAN AND VENEZUELA, TURKEY MATTERS A LOT:
Argentina Mexico Japan Saudi Arabia South Africa South Korea Turkey
PREDATORY CAPITALISM THAT WILL NOT SCALE:
Australia Canada United Kingdom United States France Germany Italy European Union
Cool new book (read it on the assumption that G-20 is Wall Street on Steriods without the Situational Awareness):
Banks, Fed, Money, & Concentrated Wealth (25)
Crime (Corporate) (18)
Economics (60)
True Cost & Toxicity (19)
Voices Lost (Indigenous, Gender, Poor, Marginalized) (30)
Water, Energy, Oil, Scarcity (32)