Obama and the G-20 →
The story is not, for many reasons, quite as simple as this. The G20 Summit is occurring in the midst of a global economic crisis of historic proportions, one which raises important, although far from identical, problems for all of the countries participating in the summit. Due to the impact of the downturn in the US and the effect on the rest of the world of the American bubble bursting, Obama is forced into a very strange position, one that is part rock star and part Dr. Doom. The American president whose personal story and style exudes optimism will be, to a substantial extent, playing the role of pessimist, or realist, at the summit, as he must not seek to minimize the seriousness of the economic problems we all face.