I don't think G20 rescure plan will help any nor make this problem to moderate. But I think this may lead to more sevior damage that will cost more.
http://money.cnn.com/2011/10/15/markets/g20_europe_banks/index.htm?hpt=hp_t2
To stabilize global market,
to increase bank capital,
to get a liliable connection for sufficient cash flow.
Now the world financial problem seems like having two big active waves, moving each other by counter face.
When a bunch of groups do the one thing, maybe we have to expect both a small good and a big bad results.
A small good is only delaying the time to face a bad things.
And a bad things is something we are not expecting yet will be more enomous.
I just don't think that using tax money is the best idea to rescue this problem or the solution. Though nobody can change this current situation.
"Global" is the neck to think.
People are afraid the potential affects after the collapse of Euro economy.
But is "Global" have to be syncronizing with the other?
When they do work as global, the only one rule may be needed. But we know this will never happen.
I think sustainable of "Global Economy" is only possible by avoiding to become a big group.
For Greek, they are too much indulged and no excuse for blaming.
If the Euro seglegates their border, I totally approve the decision.
Well, this may be hursh. But I think they deserve this for their past unfaithful behaviers.