G20 - a genuine triumph?

Watching much of the coverage of the G20 shindig - especially on the BBC - I was rather left with the impression that something new and wonderful had happened and that we had arrived at the beginning of the end.

A $1 trillion package! Everyone onside! But wait...

Fraser Nelson has the measure of all this in his piece published on The Spectator website last evening:

"Britain has as its Prime Minister a master of political illusion. He may not be much of an orator, but there is no one better at dressing up old money as new. If the G20 nations wanted to fake progress, to spin a $1.1 trillion figure while committing no new money at all, then Gordon Brown is their man. “This is the day that the world came together to fight the global recession, not with words but with a plan,” said our Dear Leader. Well, let’s have a closer look at this supposed plan…"