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The G20 Feigned Optimism: Is it Justified?

By alex.foti

We don’t think so. Most of the pledges are verbal, and the extra $500bn given to the IMF,  in addition of reviving a hated institution worldwide, are peanuts compared with the trillions needed to keep the world economy afloat. As Keith Hart says, this is a crisis where both capitalists and governments are losing big. [...]