Trend Spotting: NAFTA Disputes After Fifteen Years
Better Slow Than Sorry: Financial Post Op-Ed
Published in the Financial Post on June 30, 2010
By Finn Poschmann
In 2009’s G20 meetings in London and Pittsburgh, participating governments spoke of the urgent need for collective action to restore the global economy’s functioning by spending “stimulus” money in record amounts, and to agree on speedy regulatory reforms that would restore stability to the financial marketplace.
Last weekend in Toronto, the urgent language remained in the summit communique, yet the direction had changed sharply. Rather than commit to further deficit spending, wildly beyond the means of governments to finance in the near term, G20 members declared victory in generating global recovery and agreed to pare back their overspending…