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	<title>Comments on: The G20 Summit: Europe&#8217;s Greatest Moment, Or Not?  (And a Quiz)</title>
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	<link>http://baselinescenario.com/2008/11/14/the-g20-summit-europes-greatest-moment-or-not-and-a-quiz/</link>
	<description>What happened to the global economy and what we can do about it</description>
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		<title>By: Rober</title>
		<link>http://baselinescenario.com/2008/11/14/the-g20-summit-europes-greatest-moment-or-not-and-a-quiz/#comment-1878</link>
		<dc:creator><![CDATA[Rober]]></dc:creator>
		<pubDate>Tue, 09 Dec 2008 01:53:39 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.wordpress.com/?p=1236#comment-1878</guid>
		<description><![CDATA[I belive that european countries should not be present, the EU is the one that should be present, they have the organization and structure to do so already, by allowing individual countries to participate only diminishes and divides the EU as a whole, just like the strength of the USA is in all 50 States, the strength of the EU is in its unity not its divisiveness....]]></description>
		<content:encoded><![CDATA[<p>I belive that european countries should not be present, the EU is the one that should be present, they have the organization and structure to do so already, by allowing individual countries to participate only diminishes and divides the EU as a whole, just like the strength of the USA is in all 50 States, the strength of the EU is in its unity not its divisiveness&#8230;.</p>
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		<title>By: Lovo</title>
		<link>http://baselinescenario.com/2008/11/14/the-g20-summit-europes-greatest-moment-or-not-and-a-quiz/#comment-1337</link>
		<dc:creator><![CDATA[Lovo]]></dc:creator>
		<pubDate>Wed, 19 Nov 2008 15:55:49 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.wordpress.com/?p=1236#comment-1337</guid>
		<description><![CDATA[The article question is, and I quote: &quot;This is relevant to the bigger questions of the day, because part of the issue with regard to global governance/regulation (e.g., at and around the IMF) is the overrepresentation of smaller European countries.&quot;

Question: Spain is a small European country?

Looking at the GDP is not.

Looking at the population - maybe - but there are 600 millions descendants across the Atlantic.

I&#039;m not Spaniar. 

But I visited Spain in the 70&#039; and 2000&#039;s and the economy went to dramatic changes in a short time.

Today it is a big economy - look at the GDP. 

Outside of Europe People does not realize the current size of the Spanish economy because they still have the 20th century memories of the Spanish civil war and the Franco years. 

Answer: Spain is not a small country  - anymore!]]></description>
		<content:encoded><![CDATA[<p>The article question is, and I quote: &#8220;This is relevant to the bigger questions of the day, because part of the issue with regard to global governance/regulation (e.g., at and around the IMF) is the overrepresentation of smaller European countries.&#8221;</p>
<p>Question: Spain is a small European country?</p>
<p>Looking at the GDP is not.</p>
<p>Looking at the population &#8211; maybe &#8211; but there are 600 millions descendants across the Atlantic.</p>
<p>I&#8217;m not Spaniar. </p>
<p>But I visited Spain in the 70&#8242; and 2000&#8242;s and the economy went to dramatic changes in a short time.</p>
<p>Today it is a big economy &#8211; look at the GDP. </p>
<p>Outside of Europe People does not realize the current size of the Spanish economy because they still have the 20th century memories of the Spanish civil war and the Franco years. </p>
<p>Answer: Spain is not a small country  &#8211; anymore!</p>
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		<title>By: Diversity</title>
		<link>http://baselinescenario.com/2008/11/14/the-g20-summit-europes-greatest-moment-or-not-and-a-quiz/#comment-1128</link>
		<dc:creator><![CDATA[Diversity]]></dc:creator>
		<pubDate>Sat, 15 Nov 2008 19:39:59 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.wordpress.com/?p=1236#comment-1128</guid>
		<description><![CDATA[Alex says it.

In addition, Zapatero has tried to twist every arm he could get a finger on to attend. Finally, he and the Dutch Prime Minister (who had not tried public arm-twisting) were invited along as part of Sarkozy&#039;s delegation in virtue of France holding the current Presidency of the European Union. It was all excellent material for a comedy sketch.

I differ from Alex on only one point. No country deserves to attend a function like G-20. It is the sort of thing to which one is condemned. We in Europe created the EU to attend ot that sort of chore.]]></description>
		<content:encoded><![CDATA[<p>Alex says it.</p>
<p>In addition, Zapatero has tried to twist every arm he could get a finger on to attend. Finally, he and the Dutch Prime Minister (who had not tried public arm-twisting) were invited along as part of Sarkozy&#8217;s delegation in virtue of France holding the current Presidency of the European Union. It was all excellent material for a comedy sketch.</p>
<p>I differ from Alex on only one point. No country deserves to attend a function like G-20. It is the sort of thing to which one is condemned. We in Europe created the EU to attend ot that sort of chore.</p>
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		<title>By: Arjun</title>
		<link>http://baselinescenario.com/2008/11/14/the-g20-summit-europes-greatest-moment-or-not-and-a-quiz/#comment-1122</link>
		<dc:creator><![CDATA[Arjun]]></dc:creator>
		<pubDate>Sat, 15 Nov 2008 18:39:36 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.wordpress.com/?p=1236#comment-1122</guid>
		<description><![CDATA[The answers to why Spain was invited can be found here:

http://afp.google.com/article/ALeqM5j9ZoaZ2MQ-5049sITpbDliMxPn_Q

A general formulation of the G20 can be found here:

http://www.slate.com/id/2204584/

France had been given two invites and Mr. Sarkozy gave one of them to Spain as a gesture of goodwill and as a symbolic act of bringing Spain up the equal economic footing of France, UK, Germany, and Italy-eventhough Spain has a smaller population than all four, but has an almost equal GDP to that of Italy&#039;s.

P.S. I really enjoy Mr. Johnson&#039;s views and tv/ radio appearances.]]></description>
		<content:encoded><![CDATA[<p>The answers to why Spain was invited can be found here:</p>
<p><a href="http://afp.google.com/article/ALeqM5j9ZoaZ2MQ-5049sITpbDliMxPn_Q" rel="nofollow">http://afp.google.com/article/ALeqM5j9ZoaZ2MQ-5049sITpbDliMxPn_Q</a></p>
<p>A general formulation of the G20 can be found here:</p>
<p><a href="http://www.slate.com/id/2204584/" rel="nofollow">http://www.slate.com/id/2204584/</a></p>
<p>France had been given two invites and Mr. Sarkozy gave one of them to Spain as a gesture of goodwill and as a symbolic act of bringing Spain up the equal economic footing of France, UK, Germany, and Italy-eventhough Spain has a smaller population than all four, but has an almost equal GDP to that of Italy&#8217;s.</p>
<p>P.S. I really enjoy Mr. Johnson&#8217;s views and tv/ radio appearances.</p>
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		<title>By: Alex</title>
		<link>http://baselinescenario.com/2008/11/14/the-g20-summit-europes-greatest-moment-or-not-and-a-quiz/#comment-1104</link>
		<dc:creator><![CDATA[Alex]]></dc:creator>
		<pubDate>Sat, 15 Nov 2008 13:13:45 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.wordpress.com/?p=1236#comment-1104</guid>
		<description><![CDATA[I am Spanish, and will try to be neutral.

In that link;
http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

Spain is 8th, so in a list of 20 it is not unfair to be in. I also know that there are also other criteria to be in, like being an important developing country.

On the other side I don&#039;t understand why (reading your blog entry, &quot;european expectations vs white house expectations&quot;) seems you suggest that regulation is bad and deregulation is good. Nobody is talking about Communism, we are talking about capitalism with more regulation to prevent things like the current financial crisis derived from the subprime mortages and the subsequent derivaties, which spreaded the risk.

About why Spain is giving its own conference in that hotel has nothing to do with the Europeans wanting more power or representation. It is because Spain&#039;s president, Jose Luis Rodriguez Zapatero won his 2nd election this past February (or March) denying the crisis (when it was clear that the financial crisis existed) and now after a lot of fighting to be in that meeting wants to look (to the Spanish people) like he is helping resolve this. 

As the crisis never existed for him, (he had ruled 4 years so if the crisis existed he would have had some responsibility, so he insisted that there was no such crisis) ... until one month ago, when the unemployment rates in Spain are at an unbearable level, he never did (couldn&#039;t, I can&#039;t fight against something that doesn&#039;t exist) anything to fight the nonexistent crisis.

Now he acknowledges there is a crisis (of course 100% imported, he says, which is obviously false) and he MUST be there (which in the other hand I think Spain deserves) to help, and if possible LEAD and be the key to resolve it. Just politics, you know. &quot;The crisis came from outside but I will solve it, in Spain and in the world&quot;.

He have done things bad and out of time. But this is another matter.

Why is it bad for the White House to have Spain in?

Why are you terrified at the idea of more regulation? (just in an adequate level)

Sorry for the spelling and grammatical mistakes I, for sure. have done.]]></description>
		<content:encoded><![CDATA[<p>I am Spanish, and will try to be neutral.</p>
<p>In that link;<br />
<a href="http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)" rel="nofollow">http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)</a></p>
<p>Spain is 8th, so in a list of 20 it is not unfair to be in. I also know that there are also other criteria to be in, like being an important developing country.</p>
<p>On the other side I don&#8217;t understand why (reading your blog entry, &#8220;european expectations vs white house expectations&#8221;) seems you suggest that regulation is bad and deregulation is good. Nobody is talking about Communism, we are talking about capitalism with more regulation to prevent things like the current financial crisis derived from the subprime mortages and the subsequent derivaties, which spreaded the risk.</p>
<p>About why Spain is giving its own conference in that hotel has nothing to do with the Europeans wanting more power or representation. It is because Spain&#8217;s president, Jose Luis Rodriguez Zapatero won his 2nd election this past February (or March) denying the crisis (when it was clear that the financial crisis existed) and now after a lot of fighting to be in that meeting wants to look (to the Spanish people) like he is helping resolve this. </p>
<p>As the crisis never existed for him, (he had ruled 4 years so if the crisis existed he would have had some responsibility, so he insisted that there was no such crisis) &#8230; until one month ago, when the unemployment rates in Spain are at an unbearable level, he never did (couldn&#8217;t, I can&#8217;t fight against something that doesn&#8217;t exist) anything to fight the nonexistent crisis.</p>
<p>Now he acknowledges there is a crisis (of course 100% imported, he says, which is obviously false) and he MUST be there (which in the other hand I think Spain deserves) to help, and if possible LEAD and be the key to resolve it. Just politics, you know. &#8220;The crisis came from outside but I will solve it, in Spain and in the world&#8221;.</p>
<p>He have done things bad and out of time. But this is another matter.</p>
<p>Why is it bad for the White House to have Spain in?</p>
<p>Why are you terrified at the idea of more regulation? (just in an adequate level)</p>
<p>Sorry for the spelling and grammatical mistakes I, for sure. have done.</p>
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		<title>By: Lovo</title>
		<link>http://baselinescenario.com/2008/11/14/the-g20-summit-europes-greatest-moment-or-not-and-a-quiz/#comment-1099</link>
		<dc:creator><![CDATA[Lovo]]></dc:creator>
		<pubDate>Sat, 15 Nov 2008 07:34:45 +0000</pubDate>
		<guid isPermaLink="false">http://baselinescenario.wordpress.com/?p=1236#comment-1099</guid>
		<description><![CDATA[I did check the GDP countries list for Spain v. Italy and there are about even.

Russia is 56 and Spain is 25 in the list?

I&#039;m assuming that&#039;s how a country economy becomes part of the G20 -- by the GDP size? 

http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita

So what size are you talking about it?]]></description>
		<content:encoded><![CDATA[<p>I did check the GDP countries list for Spain v. Italy and there are about even.</p>
<p>Russia is 56 and Spain is 25 in the list?</p>
<p>I&#8217;m assuming that&#8217;s how a country economy becomes part of the G20 &#8212; by the GDP size? </p>
<p><a href="http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita" rel="nofollow">http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita</a></p>
<p>So what size are you talking about it?</p>
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