Should G7 become G8

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   dianetrotterposted 5 years ago

   Should Russia be allowed to re-join G7?  Why is it not in the group now?  What can Russia add to effectiveness of G7?

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      Randy Godwinposted 5 years agoin reply to this

      No, Putie wants to get back in and naturally Trump wants him in as well. That's enough for me to be against it. They were punished by Obama and deserved it.

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         dianetrotterposted 5 years agoin reply to this

         So Obama proposed that he be expelled and they voted on it?

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            Randy Godwinposted 5 years agoin reply to this

            Yes Diane, both the senate and the house voted for the sanctions, and Trump had no choice but to apply them because a veto would be easily blocked by congress.
            
            
            And now Trump claims he's very tough on Russia even though he didn't want the sanctions applied. Of course, he takes credit for things he shouldn't as usual.

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               dianetrotterposted 5 years agoin reply to this

               In case you have heard, he is also claiming to be God!

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                  Randy Godwinposted 5 years agoin reply to this

                  In his mind and that of his fellow miscreants, Diane.

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      GA Andersonposted 5 years agoin reply to this

      Hi Diane, I think this could be a good topic. I don't know much about it, but I think your last question is an important one.
      
      Referring to Randy's comment, I think Putin's expulsion was a prestige thing, as in his loss of it. Considering what I think I know about Putin I think that might have stung.
      
      Maybe we can find out exactly what the G-7 does and whether Russia could add anything if it was a member. Or whether Russia's absence hinders the G-7.
      
      Hopefully, some folks might look around and address those questions.
      
      GA

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         dianetrotterposted 5 years agoin reply to this

         What specifically is purpose of G#?

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      dianetrotterposted 5 years agoin reply to this

      If Russian oligarchs co-signed loans for Trump, it would clearly explain his Russian stance.  I'm waiting to see how this unfolds.

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   MizBejabbersposted 5 years ago

   The G7 is the most influential organization in the world concerning world finance. Russia was expelled in 2014 because it invaded Crimea. In 2018 there was some question of whether the U.S. would remain in very long after Trump left a meeting in Quebec early, and basically the coalition told Trump "don't let the door hit you in the ass" on your way out. There was some anger and resentment over Trump's U.S. tariffs that were adversely affecting some of those countries.
   
   Members of G7, are also the largest contributors to the U.N. Since Russia is not a major contributor to world economy, it's presence apparently is not needed in the G7. Apparently Trump just wants his buddy Putin to be a member. Another reason Russia is not needed, in my opinion, is because Russia can be very disruptive to the U.N. and NATO.
   
   I'm wondering how the U.S. will fare if our economy keeps falling under Trump's tax cuts. He is demanding more tax cuts for the American people, something of which the fed disagrees. So our future in the G7 may still be in jeopardy.
   
   https://www.internationalrelationsedu.o … influence/

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      dianetrotterposted 5 years agoin reply to this

      Thank you Ms. B!

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      GA Andersonposted 5 years agoin reply to this

      Thanks MizBejabbers. Or, should I say 'thanks for nothing' (;-)) because now you have piqued my interest in the G-7 and added to my list of things I should learn more about. Particularly the part about Russia not being a major contributor to the world economy
      
      GA

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         wildernessposted 5 years agoin reply to this

         Russia's GDP, ranked by it's PPP (Purchasing Power Parity) ranks #6 in the world, above the UK, France, Italy and Canada.
         
         I confess, though, that I'm not very familiar with the PPP term.  Is the nominal GDP a more reasonable figure to use than the purchasing power parity?
         
         http://statisticstimes.com/economy/coun … ed-gdp.php

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