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Old 06-12-2018, 05:04 AM
 
8 posts, read 791 times
Reputation: 15

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Quote:
Originally Posted by Daywalk View Post
No... should be China, the United States and the European Union. These 3 economies account for more than 60% of global nominal GDP or 50% of global GDP (PPP)
Well then, the EU, Russia and China are even better. Huge Russia with rich minerals between Europe and China - it is possible to make the uniform rich Eurasian union. - it is more favorable to Europe, Russia and China to develop trade relations and others relations, at first on the own continent, and then it is possible also with the USA and Australia and others.
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Old 06-12-2018, 11:21 AM
 
1,155 posts, read 658,434 times
Reputation: 695
China would need to walk back a lot of its anti-western rhetoric before it ever joins a multilateral group involving the EU.

Beijing has been mocking the obsolescence of the G7 for at least a decade. It has been deriding its financial institutions as insolvent, making fun of the perpetual horseplay and internal divisions within the Eurozone, and belittling its economic performance.

It also associates the group with the IMF and World Bank, which it considers rivals to its own multilateral financial institutions, like the AIIB. (An interesting situation, given that World Bank officials have also been on the record referring to the G7 as obsolete).

Meddling will not help the G7 stem its decline | China Daily
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Old 06-12-2018, 11:33 AM
 
Location: White Rock BC
128 posts, read 340,269 times
Reputation: 183
Guatemala, Pakistan, and Kenya can get together and call themselves the G3 if they like. No one stopping anybody from forming whatever get together they please. None of this `a country should be part of the G3` crap. No one should be invited and no one would have the right to be invited.

If China thinks the G7 is no longer relevant then why is it even commenting on it for in the first place? China is trying to down play it`s importance for the sole reason of trying to hype it`s own. China isn`t pissed that the G7 exists but rather pissed that they haven`t been invited.

The G7 is very important as it is a get together of the leaders of the largest and most advanced economies on the planet. The fact that it get`s huge media coverage is a testament to it`s relevance. There is not one country of the 180 on the planet that wouldn`t give their left nut to be on the G7. Funny how ever country would love to join a group that apparently is no longer relevant. The fact that every other country on the planet would love to be invited shows just how important the G7 is.

Other countries have to get over it...……...this is a private party and you`re not invited.
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Old 06-12-2018, 01:25 PM
 
5,950 posts, read 10,060,864 times
Reputation: 3003
Can you believe that I wind up getting this theme question wrong, even in multiple choice form! My own first guess is on security, then I went on Wikipedia to verify. Opposite of what I originally thought.

“The Group of Seven (G7) is a group consisting of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. These countries, with the seven largest advanced economies in the world,[1] represent more than 62% of the global net wealth ($280 trillion). The G7 countries also represent more than 46% of the global gross domestic product (GDP) based on nominal values, and more than 32% of the global GDP based on purchasing power parity.[4] The European Union is also represented at the G7 summit.”

Too much of a monopoly dominance. Really, getting further than 195 countries, yet that much poverty remaining to deal with for national citizens. Even at those belonging, there isn’t a spotless picture. Problems are continuing as naturally significant. Technically, Qatar, Singapore, Switzerland win on quality performing even extra optimal smoothly at comparable frequency with what they have in economics.

Last edited by Thepastpresentandfuture; 06-12-2018 at 01:51 PM..
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Old 06-12-2018, 04:50 PM
 
5,956 posts, read 5,797,810 times
Reputation: 2113
G7 for one thing reminds people of imperialism. Those nations invaded the "third world" and left miserable marks in history.
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Old 06-12-2018, 05:09 PM
 
15,555 posts, read 8,868,354 times
Reputation: 11274
Quote:
Originally Posted by Bettafish View Post
G7 for one thing reminds people of imperialism. Those nations invaded the "third world" and left miserable marks in history.
Please name one third world country Canada "invaded".
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Old 06-12-2018, 05:14 PM
 
3,830 posts, read 1,271,275 times
Reputation: 1683
Quote:
Originally Posted by BruSan View Post
Please name one third world country Canada "invaded".
Iraq.
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Old 06-12-2018, 06:39 PM
 
8 posts, read 791 times
Reputation: 15
Quote:
Originally Posted by Thepastpresentandfuture View Post
Can you believe that I wind up getting this theme question wrong, even in multiple choice form! My own first guess is on security, then I went on Wikipedia to verify. Opposite of what I originally thought.

“The Group of Seven (G7) is a group consisting of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. These countries, with the seven largest advanced economies in the world,[1] represent more than 62% of the global net wealth ($280 trillion). The G7 countries also represent more than 46% of the global gross domestic product (GDP) based on nominal values, and more than 32% of the global GDP based on purchasing power parity.[4] The European Union is also represented at the G7 summit.”

Too much of a monopoly dominance. Really, getting further than 195 countries, yet that much poverty remaining to deal with for national citizens. Even at those belonging, there isn’t a spotless picture. Problems are continuing as naturally significant. Technically, Qatar, Singapore, Switzerland win on quality performing even extra optimal smoothly at comparable frequency with what they have in economics.
These countries of G7 have the biggest external debt.
It means that the developed economy of these countries, exists at the expense of others. Who is dissatisfied, these rich countries arrange wars. As in Iraq, Libya, Syria, etc. taking out the saved-up riches and cheap minerals from these countries.
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Old 06-12-2018, 11:58 PM
 
1,781 posts, read 554,901 times
Reputation: 1019
Quote:
Originally Posted by Winterfall8324 View Post
Iraq.
Nope
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Old Yesterday, 12:38 AM
Status: "Rodman for Nobel Peace Prize!" (set 1 day ago)
 
Location: Manila
1,075 posts, read 1,436,176 times
Reputation: 669
Meh! I think the G20 is more important now! They are more representative of the world as it actually is, not what the NATO West wants it to be! The NATO West's dominance has already started to erode since the late 2000s recession and it's gotten to the point unipolarity is all but dead! And I think it is a GREAT THING! NO SINGLE COUNTRY/BLOC should be allowed to gain too much power to begin with so it's high time the Law of Jante is imposed on global geopolitics!
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