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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: TH who wrote (8942)	6/14/2008 9:52:40 AM
From: Giordano Bruno	Read Replies (1) \| Respond to of 71456

10 monkeys would be better.

To: TH who wrote (8942)	6/14/2008 10:07:59 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 71456

TH, soon 10 monkeys. I think they will add the Brazil, India and Chinese (to complete "BRIC"), as well as Australia. Italy and France must be ousted. There is no justification for having those laggards in G8(10). The definition still calls for a "...concept of a forum for the world's major industrialized democracies" History The concept of a forum for the world's major industrialized democracies emerged following the 1973 oil crisis and subsequent global recession. In 1974 the United States created the Library Group, an informal gathering of senior financial officials from the United States, the United Kingdom, West Germany, Japan and France. In 1975, French President Valéry Giscard d'Estaing invited the heads of government from West Germany, Italy, Japan, the United Kingdom and the United States to a summit in Rambouillet. The six leaders agreed to an annual meeting organized under a rotating presidency, forming the Group of Six (G6). The following year, Canada joined the group at the behest of U.S. President Gerald Ford,[citation needed] and the group became known as the Group of Seven (G7). The European Union is represented by the President of the European Commission and the leader of the country that holds the Presidency of the Council of the European Union. The European Union has attended all meetings since it was first invited by the United Kingdom in 1977.[3] The Cold War ended with the dissolution of the Soviet Union in 1991, and Russia became the successor state. Beginning with the 1994 Naples summit, Russian officials held a separate meeting with leaders of the G7 after the main summit. This group became known as the Political 8 (P8), or colloquially as the "G7 plus 1". At the initiative of United States President Bill Clinton,[citation needed] Russia formally joined the group in 1997, resulting in the Group of Eight (G8). ... Cumulative influence of member nations The eight countries making up the G8 represent about 14% of the world population, but they account for 65% of the world's economic output measured by gross domestic product, all 8 within the top 10 countries according to the CIA World Factbook. (see the CIA World Factbook column in List of countries by GDP (nominal))