Crisis is not over for world leaders
Less than a year after the collapse of Lehman Brothers, the banks are back. Puffed up with profits, they are flexing their muscles again.
This reality haunted the G20 finance ministers in London last weekend as they met to prepare for the summit that will take place in Pittsburgh in the US later this month.
This will be the third meeting of the heads of government of the world’s biggest economies in less than a year—a sign of the severity of the present crisis.