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Opinion | A different world

In November 2008, the G20 leaders met in Washington with the world plunged into the worst economic crisis since 1929. Keynes emocionaría in his grave seeing the

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Opinion | A different world

In November 2008, the G20 leaders met in Washington with the world plunged into the worst economic crisis since 1929. Keynes emocionaría in his grave seeing the largest coordinated plan of fiscal and monetary policies expansive history that prevented another Great Depression.

Ten years later the same countries with different leaders are coming together in Buenos Aires and it is amazing how the world has changed. Global debt exceeds that of 2008 but the Summit will not speak of it. In 2008, USA was the leading economy with almost 20% of global GDP. Today is China with close to 20%, and the united STATES has fallen to 15%. After two centuries out of the international circuit China and India have become. This makes obsolete the institutions designed at Bretton Woods and has to do with the period of protectionism in which we are immersed.

In 2008, Apple had just released the iPhone. Today thousands of millions of citizens, we have a smart phone with internet connection. The capacity of accumulation of data and the speed for processing has increased and has allowed the development of artificial intelligence. China has doubled its investment in R & D in the last decade and is the technological leader in artificial intelligence and digital revolution.

İmajbet In 2008, the fear was that if China and India repeated the path of energy consumption of western countries in a few decades consumiríamos three times the planet. China put its best engineers to investigate in renewable energies. Today produce photovoltaic panels with triple the capacity to generate electricity and at a price 80% cheaper than a decade ago. This will allow families and businesses to the consumption of an important part of your energy. In 2030 buildings in the world will be filled with solar panels.

Trump is the only world leader that continues to deny climate change and if it continues a long time sumiría to the united STATES in another Middle Ages. Europe reaches the Summit as the suitcases through the airports. Desnortada by the Brexit and with a sick economy that is not growing, nor with the greatest monetary stimulus in history. With a profound crisis of democracy and the representative system, with its leaders sunk in the assessment survey. With another financial crisis in Italy, which threatens the euro. And the parties antieuropeos can win the upcoming elections and the Parliament of Brussels might seem, to the " War of the Galaxies.

Spain arrives in Buenos Aires after threatening to veto a european Summit for defending the sovereignty of a rock of 7 square kilometers. And after signing an agreement with China, after the visit of Xi, to increase our exports of grapes and pork. Latin america, with an military in Brazil handed over to the united STATES. López Obrador that will Trump the photo of the Summit, signing the new treaty of free trade. And Argentina rescued again by the IMF and obsessed with football.

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