G-20 Summit changing clout of India and China

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G-20 Summit changing clout of India and China.

Frusty's Law: Beggars become choosers. It was not long ago that India and China were directed by the developed world on how to open up their markets and grow. Now the roles have reversed in the recently concluded G-20 summit it is India and China who are asking the Biggies not to revert back to old protectionist view.

The story in words for those who cannot see the picture:

Till a couple of years back the developed countries were ruling the world economy. The tables have turned and these days, the BRIC nations are calling the shots in terms of defining the policies for the world.

G-20, Obama cannot Fix Humpty Dumpty

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G-20 and Obama cannot Fix Humpty Dumpty
Frusty's Law, Moral of the Story: In spite of the best intentions it has been a difficult journey for the global leaders like Obama. They are still unable to take concrete measures to fix the financial mess. A lot of hope and expectation is building up before the G-20 summit. Let’s keep our fingers crossed.

The Story in Words for those who cannot see the picture.

Obama and the G-20 leaders are finding it difficult to fix the global meltdown. It's like the Humpty Dumpty who would not be fixed inspite of the best effort by the king.