The recent G20 summit in Bali, Indonesia, raised from its ashes the forum of the 2008 financial crisis that led to the governance of the International Chess Council. This group of countries is reborn at the expense of other, more select and elite clubs that practice the recipes developed by the Washington Consensus, officially announced by the G7 and the International Monetary Fund, and leave a trail of socio-economic damage. A principle of austerity that several economies are still experiencing. Barter between draconian fiscal adjustments in exchange for injections of concessional financing granted by the Fund as a global lender, multilateral discussions have already faded into one of the latest financial turbulences: after The tequila effect Mexican since 1996 Tsunami caused by the bankruptcy of Lehman Brothers.
Source: El Diario