We know that there was a lack of US leadership in the last 8 years concerning global issues the like of - ENERGY AND CLIMATE CHANGE. We also know that an Administration that inherited a National economy with huge surplus ended up in deficit within a mere first term, and will leave a now behind a bankrupt economy begging for foreign aid - this as its inheritance to the next inhabitant of the Washington White House. Should it easily be renamed a Red House in need of becoming a Green House?

But, was it all avoidable without radical change? Just think of the writings of Dmitry Orlov whom we started to cover on this website. See the parallel impact on the G-7 - Russia is not part of this group and China and India were not yet included in this group - does the OECD as configured at this time - still have relevance for the future of global leadership? Ask those that visited China this week-end.