I had to put that parenthesis in there because I figured someone would read "more bad policy" and flip out.
I'm not sure what I think of this analysis, but I first found the site Economy in Crisis from listening to Thom Hartmann, and I respect him very much. EIC maintains a video blog discussion economic issues
http://www.youtube.com/watch?vts=tV9k-7ZrXwoDescription: Meeting in London for the G-20 summit, the leaders that control approximately 90 percent of the worlds economic activity agreed to a broad set of principal in numerous areas that they claim will reinvigorate economies worldwide.
The video criticizes the G20 agreement on what to do with the IMF and also on the US not calling out other countries stealth-protectionist policies OR adopting a more defensive trade stance ourselves
Pretty interesting