Amid all the pomp and hyperbole of the G20 summit, Gordon Brown said something that was actually true.
“Today’s decisions, of course, will not immediately solve the crisis.”
Unfortunately that statement is just as true if you omit the word “immediately”.
The outcome of the summit was exactly as I predicted, with everyone claiming they had “won”. I can leave Brown his ten days of reflected glory. As the economy plunges again thereafter he will look pretty silly.
Brown has told the truth before, when he said his economic policies had “Brought an end to boom and bust.” He was telling the truth about the boom bit.