Angela sets off a smart bomb!

We expected a major G-20 bust, and thank goodness it is shaping up to be so. We say that not because we want global economic failure, but because we believed this idea that throwing more money at our problems was only a recipe for more pain and in no way represents a solution. And we were very pleased to see real global leadership from someone who can...

"This crisis did not come about because we issued little money but because we created economic growth with too much money, and it was not sustainable," German chancellor Angela Merkel told the Financial Times yesterday.