G-8: RIP?

Re: # 36

hp,

.... i hear you but you can't blame them for getting a little excited and wetting their dhotis when every business magazine you pick up has one or other of their companies featured in a big way ...... besides, they also own citibank, pepsico and control the 700B bailout package ... just wait till bobby jindal gets elected in 2012 - these hindoos will be impossible to live with !

"I just googled G20 and got 16,300,000 hits. "

It just means Google has as many records. Considering that there are over 10 Million publications(Net+papers+TV) in the world that is nothing. It does not mean that 16,300,000 people searched for it.

Hamid, buy Gold....I love to see India there but when grown ups act like 16 years, I just like to point that out. The only reason for this article was what I wrote in my posts.

Re: # 34

page 83 of this week's the economist ..........

Re: # 32

hp mian,

... look, you shouldn't deny our hindoo friends the pleasure of thinking that they have finally 'made it' ..... and by the hair on the prophet's chinny chin chin, they do look a lot better than us pathetic paki who, inspite of our good looks, just can't seem to do anything right now days ...... let's not forget that they recently landed on the moon - that is a big leap from the railroad tracks ....

p.s. on a serious note, it is quite a turn of events when a right wing rag like the economist asks the question "can china saves the world ?" ........ it seems that they are hoping that china's 400B dollar stimulus package will create jobs in preoria and detroit !

HP:

"No one paid attention to G20."


You must be reading/viewing different media that I. BTW, I just googled G20 and got 16,300,000 hits.

"The chief legacy of the meeting, however, is that it took place at all and the fact that the leaders agreed to meet again in April next year when Barack Obama will be the President of the USA. The G-8 meeting will take place in Italy next year as scheduled but all eyes will be on the April meeting of G-20."

When it was not important last week how it is going to be important next year?
The article was written only because India was in G20 there was no other purpose. No one paid attention to G20.

HP:

...and I did use a question mark after RIP. So, I gave myself some room for uncertainty.

HP#28

Yes, I did say that but I also said that the very fact that the meeting took place is of great importance. I would add this: what form G20 will take and whether or not it will succeed is too early to tell. However, the calling of the meeting itself shows the inadequacy of G8. My response to cobra (#21) also elaborates my thinking.

G-20 meet did not achieve much, and one cannot expect a hodge podge of nations to produce any result oriented meeting either (just like that failed money sucking body called UN). Bush had to call G-20 at Europe's insistance. Developing countries which are members of the G-20 have much smaller economies and have neither the experience nor the vision to deal with a global crisis. They are just happy to be invited.

"The meeting took place in Washington during the last weekend. It was hailed as a great success by all participants, despite the fact that it lasted only a couple of hours and produced very little. There were some feel good statements about the member countries cooperating and coordinating their programs and policies to pursue expansionary domestic policies to lift the world out of its current recession and prevent it from turning into a depression."

You wrote that not me. G20 has no importance it was just ridiculous to declare G8 dead after a two hours meeting where only Bush spoke. Admit it!

SR#18:

Good post.

"I have seen the rural, peri-urban and urban slums landscape at some length and I am absolutely sick to my stomach at the abomination, the squalor, the crushing burden of disease and malaise, the cruelty, the injustice and the worthlessness of human life. We are sitting on the mouth of many volcanic eruptions. Rampant epidemics of MDR-TB, polio, hepatitis, dengue, HIV and a host of enteric diseases are imminent and ongoing calamities that surround our polluted and water starved environment."

This is even more true of India - yet India is much more optimistic about her future. Pakistan's curse (and boon) is its geopolitical location; let's hope that Obama will have sensible policies which will help Pakistan extricate itself from the Afghanistan mess. The new emphasis by the US on economic as against military aid may be a pointer of things to come.

HP#16:

Let's take India out of this group and call it G-19. Happy?

jang#10:

"oye yar amrika passes gas and the bric are shyting bricks."

No one is denying the importance of America. But the fact that a unilateral president such as Bush had to call such a meeting after eight years in office cannot be overemphasized.

Rumour has it that Bush was eating crow as main entree and humble pie as dessert.

Kamath#9:

Yes, countries of G8, or at least some of them will continue to be very important and the US will remain the head honcho for quite some time to come. As for the institution, other countries can develop them too; for example, South Korea has developed some pretty strong institutions in the last three decades and even China is gradually developing these institutions. However, as a group, G8 is no longer the rising sun.

bulleya#2:

While demographic changes are undoubtedly very important in the long run, just like glaciers, one cannot always use linear trends to project the past into the future. China had the same population growth rate as other developing countries at one time and, with its one-child policy, is now close to a stable population. In India, total fertility rates in some of the southern states in India are already approaching stable population rates. Quebec has already reversed its declining birth rates and there is no reason to believe that the same cannot happen in other countries if the societies decide that it was crucial for self-preservation. While Canada and the US have a long-standing immigration culture, this is not true of European countries and some of them may soon decide the close the floodgates of immigration.

since guys are going wild looking at cyclic rise and fall etc. with little attention to current situation, let us also look at the mongol who overran the cheeni, the korean, the kwarizimi, and the baghdadi.

and he had more horses than men in any age group. so moral of the story is its not how many men you have, its the number of saddles.