On the G20:One risk is that the group, if it seeks consensus, will produce an anodyne statement that adds little or nothing to the existing efforts to respond to the global slump. A greater risk is that the summit is so badly divided, and the outcome is so feeble, that dashed expectations actually worsen confidence.
Unfortunately, I don't see the two as mutually exclusive. I have a feeling "confidence" - whether of investors, politicians, or pundits - is going to be eroded either way. In fact, the only people coming away with a morale boost will be either the protesters or the police.
(Photo from G20London2009)
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