A Time to Dare

The upcoming G-20 meeting is a make-or-break event. Unless it introduces practical measures to support the countries at the periphery of the global financial system, global markets will suffer another round of decline.

NEW YORK – The upcoming G-20 meeting is a make-or-break event. Unless it introduces practical measures to support the countries at the periphery of the global financial system, global markets will suffer another round of decline, just as they did after United States Treasury Secretary Timothy Geithner’s failure in February to produce practical measures to recapitalize America’s banking system.

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