G-8: RIP?

DostJi,

G-8 or G-20 are useless forums. The financial crisis is beyond the control of the so called world leaders. First of all their meeting did not produce anything meaningful besides Gordon Brown making empty statements about great success of the meeting. As a forum this is as useless as G-8.

as i have argued in my dinosaur vs. cockroach theory (not to be confused with my indra nooyi vs. paris hilton theory), the inhabitants of the g-8 are well on their way to extinction......much like the dinosaur........

now, whether their economies go first, or not, is a different debate........but their economies will, eventually, go under, since their manpower base will disappear......

the BRIC will be reduced to BIC, as russia's population is going down fast......japan will be out of g-8 as well, since it's population is on a similar path......canada will actually become a south asian/chinese state (hence it will look a lot like IC)......all of eu nations will have to combine to form one country, otherwise, they will be out of manpower also......and usa will be half B......

so the future economic forums will be usa (half hispanic/black), china, brazil, india, eu (as one entity), gcc......

eu, all together, will, only be as influential as china (or india, at some stage)......

and if (big if) pakistan, bangladesh, indonesia and nigeria can get their act together, than they will be in their as well.....

eventually, the complete pendulum of the world is swinging back to asia.......all the people will be living there, all the oil/gas is there, and eventually the technology and commerce will be there, also.....

in addition, asians (read south asians and chinese), due to demographics alone, will be inhabiting the whole world also....

the g-8 was, actually one entity......the white man......however, now the white man is about to be replaced by the brown and yellow man (and woman)......

#2 Posted by bulleya on November 18, 2008 2:43:27 am



and if (big if) pakistan, bangladesh,


The only way pakiland will be in any group is if it's a group of islamic terrorist infested nations...

Re: # 2

arjun mian,

.... please archive this latest masterpiece from captain cluless for posterity ..... in a hundred years your descendants will need it to point out the follies of their clueless grandpa to romair's equally clueless progeny ..... if we are lucky, natural selection will spare future generations the agony ......

Re: # 4 a masterly interact LOL....

arjun you need to keep this interact from Hamidm2 saab as well.....

#4 I think romair was taking into account the improvement in Pakistan with one self-loathing babu (yourself) no longer in Pakistan, and with "rising sun" musharraf and his lapdog rashid out of power. Taking these factors into account, I am sure you will agree that Pakistan is on the road to recovery.

PS: could you run up the tree and fetch me a coconut? your illustrious hero arjun refuses to do that.

bull...
god (if anything such is there) bless you...hamidm2 is already getting scared......

but yearly cyclones in BD and couple of earthquakes in China and yearly floods in India will ensure that, the casualty figure from natural calamnities are very high...

during nehru's time, there was a proposal of exporting labourers (from india) to russia. due to lack of direct transportation facility and nehru's ego, that have not materialised. otherwise, india would have got another mauritius or fizi type indian colony....

Romario, Growth and more importantly wealth creation is not just about manpower.if that was the case, you would have india and china growing at 2% a year and be wealthy countries with indonesia, egypt, pakistan holding up the rear.

It is about innovation. Human intervention in production is getting less and less as we innovate. From products to services (that's why IT consultants stay in budget hotels and not the waldorf astoria anymore) innovation I.e. Automation has reduced human intervention....in this paradigm, having a lot of manpower is not actually a benefit but a liability.
So the question for you...is...what will human do to create wealth when automation makes them obsolete? I have some ideas...but eagerly await the intellectuals to offer up their views.

Dosti Mittar: Just a thought!

I do not believe that G-8 is "RIP". They still have clout for the simple reason that they have highly functioning laws and organization, stable state machinery, economic base, tradition, scientific and technological strength, a very good democratic philosophy life etc. Russia -a bit an exception -was admitted simply for the reason to prevent it from becoming a trouble maker if left out! Everybody knows its temper tantrum !

The leaders of these nations never seem to have read history books. They were arrogant ,at times invain, ignorant and displayed too much hubris. They never thjoght that techtonic plates in global geopolitical scene have been shifting all the time in all history.

So now have been forced admit that one has to eat humble pie. Yet I believe, BRIC have a long way to go to exercise their role as major global powers. Take India's case. It is too poor to exercise its clout globally and too populous to be ignored by others. Shalom!
Kamath

oye yar amrika passes gas and the bric are shyting bricks. commodity price-collapse will kill brazil and russia, india needs to build railroads for 60% of its population to shyte on and cheen is running out of people to lay-off.

i think germany and other EU countries will attempt to throw out all the "immigrants" in next 4 years as a part of economic and security policies.

chaltahai#: "what will human do to create wealth when automation makes them obsolete? I have some ideas...but eagerly await the intellectuals to offer up their views...."

....technological progress, prosperity, progressive ideas etc. tend to rotate around the world.....europe was in the dark ages, and it entered into enlightment......prior to that arabs produced the biggest scientific names in the world and went into darkness.....china has been a world power quite often, historically......south asia has been the richest region(s) of the world......

these things rotate....

complete states disappear from the map, which were at one time powers.......

however, what does not change is demographics......one needs people to survive.....eventually, it will be the number of people which will decide who ends up where......

technology will, eventually, be ubiquous.....

some groups have started to disappear ......jews, russians and japanese being at the top of the list (not that i have anything against them).....the caucasian man has started to also..

....pretty soon, the only thing left in the western world will be second-hand brown guys like hamidm mian, procreating the white man out of his land......much like what the white man did to others.......in fact, they may even take the caucasian man down, before his time.......

trust me, the world will be brown and yellow in the future.....as will g-8s and g-20.......economic changes occur faster than demographic ones, but demographic changes are permanent......

gentlemen you are not looking at this crisis with an appropriate perspective....it simply put is a neccasary
correction on a grand scale....in my crystal ball iam seeing
a well balanced and robust growth worldwide.

Re: # 11
history does not run into cycles like hindu mythalogy.

Actually, not really romario...India even at it's height of having a quater of global trade was not a wealthy country. India was rich, but Indians were poor. Same goes for China.

actually, I don;t agree that one needs people to survive. It is not that some people have started to disappear, it is that they are becoming diluted. The largest growing segment of population in amreeka and the west is not indian or chinese or arab....it is the MUTTS. The MUTTS shall inherit the earth.


Middle ages is a poor example because the standard of living of the avgt person in europe was not much different from that of one in arabia or india or china. In the modern times there has been tremendous disparity between the west and the east or north and the south.

It still doesn't answer what will humans do. Say in 50 years, robots and mahines produce everything we need, computers make service jobs obsolete, automation makes us redundant. What will you do?

I will give you a hint...look at the growth in the share of the Financial Services industry over the last 50 years then think Vegas.

The proportion of children in the population fell to an all-time low of 13.5 percent. That number has been falling for 34 straight years and is the lowest among 31 major countries.....

Japan also has a surfeit of the elderly. About 22 percent of the population is 65 or older, the highest proportion in the world. And that number is on the rise. By 2020, the elderly will outnumber children by nearly 3 to 1, the government report predicted. By 2040, they will outnumber them by nearly 4 to 1.

The numbers tell the story. Almost a quarter of Japan's population is 65 and older; only 13.5 percent are children. The inescapable conclusion is that there will soon not be enough Japanese to keep Japan functioning as a nation, society, and culture. (Washington post)

..........

Orthodox Rabbi Norman Lamm, who raised the question in a recent speech in Milwaukee, admits that world population control is a "moral imperative," but maintains that it must be balanced by a concern for survival of all human groups. "Jews are a disappearing species," he says, "and should be treated no worse than the kangaroo and the bald eagle." Time Magazine

.........

Since India is G20, it is more important than G8...I don't know which world Indians live in. Tolkin posted a video on UP everyone should watch that to see the correct state on Indian mind!