world will soon come to grief if both the US and Europe fail to make fundamental readjustments. An America and EU that takes … serious economic measures will cause the rest of the world pain, as Western consumption and imports diminish. But there is no … world will soon come to grief if both the US and Europe fail to make fundamental readjustments. An America and EU that takes …

-- The Great Recession and the world's poorest -- G-20 world: economic governance for the post-crisis world …