By Robert Presser on April 9, 2009
After the conclusion of what is probably the most important G20 meeting ever held, one can be forgiven for feeling optimistic. While unemployment in the US is at a quarter-century high at 8.3% and first world economies continue to contract, G20 leaders looked past their local economic miseries, resulting in an remarkable level of international commitment expressed in London. This solidarity was truly exceptional given the divergent opinions held by many going into the meeting.