Wednesday, February 4, 2009

Financial Times -- Davos Appeals for Help

Why Davos Man is waiting for Obama to save him

By Martin Wolf
A hyperpower’s place is in the wrong. This is particularly true when, as last week at the annual meeting of the World Economic Forum in Davos, the hyperpower in question is barely represented, at least at the official level. But, truth to tell, the critics of the US – led by prime ministers Wen Jiabao of China and Vladimir Putin of Russia – had an easy story of incompetence and malfeasance to tell.

Yet, however easy it may be to blame the US for the current global economic woes, it is also to the US that the world looks for a solution...

Full Article at: http://www.ft.com/cms/s/0/4a44f222-f221-11dd-9678-0000779fd2ac.html?nclick_check=1

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