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by Simon Johnson
The G-8 summit was obviously disappointing, even for those with low expectations. Usually, the substance is lacking but the public relations are well managed. This year even the messaging was messed up—they said some new things on climate change but not what we were told they could say, the food aid/development package was lamer than advertized, etc. So the whole thing looks like an expensive flop.
But actually it was much worse.
Realtime: Speculators 'R' Us: The G-8 and Energy Prices
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