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Sobel on Biden and reviving the G20, The wisdom of markets and the madness of crowds

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Sobel on Biden and reviving the G20, The wisdom of markets and the madness of crowds

Wednesday 11 November 2020    –     Vol.11 Ed.46.3

Commentary: Reviving the G20 and world economy

By Mark Sobel in Washington

On 1 April 2009, the G20 leaders came together in London for their second summit amid the darkest hours of the financial crisis. It was the first trip abroad for President Obama. The leaders committed themselves to a bold action plan to restart the world economy. That plan helped launch the recovery. Twelve years later, the world faces a pandemic and its catastrophic consequences. The G20, largely missing in action in recent years, should revive the spirit of London, this time led by Joe Biden.

Read the full commentary on the website.

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