So what’s this G20 thing all about?
Apart from, that is, the chance for certain well known leaders to hang around Obama and catch a bit of the glow?
Is it a meeting to solve all the Worlds financial ills? I don’t think so, they’ll hardly have time to get their abacuses out before it’s roll up the red carpet time.
Looking at Gordon Brown’s beaming face through the numerous photo opportunities it almost looks like he thinks it’s job done already.
“I’m a world statesman.”
“My place in history is assured.”
“Don’t I look good in this suit?”
Blah, blah, or Blair, Blair as that seems to be the diplomatic model he’s copying.
But why not knock the Zero off and call it G2, after all isn’t this what the whole thing is about?
Apart from Sarkozy threatening to throw his toys out of the pram and have a hissy fit and some very upset people giving the police a chance to try out some new public order tactics, isn’t all this just a smokescreen?
It looks like a summit between a superpower and an emerging one, namely USA and China, on neutral territory. Or put another way the meeting of a client (US) and a banker (China.)
America may be the world’s biggest economy but it’s also the world’s biggest debtor, hocked up to it’s eyeballs. And China is the one holding them balls. Estimated at 1 to 1.5 Trillion Dollars.
China doesn’t want the US to fail. It can’t afford for it to fail, it’s necessary for it’s continued growth. But it’s important to show the US and the West that they hold the purse strings now.
This is their chance to subtly do just that.
Yeah, the Chinese will be incredibly polite and subservient to the great West but it’ll be made clear that if your country wants a new overdraft then you’ll have to show this particular banker some new found respect.
The other 18 are little more than munchkins dancing attendance who gather round to queue up and utter the immortal line, “Please Sir, can I borrow some more?”
Their task will be (with the exception of the dear old French, trust them to try and ruin the party) to shut up, put up and tow the line as well as turn up for breakfast and piccies for the family album outside numerous doors and on various steps.
Oh and the UK has one other additional, very important, responsibility …
… pass the hors d’œuvres round.