Announced the creation of a new G-8

Hello, ATS!

According to the RIA-Novosti news agency, State Duma Speaker Vyacheslav Volodin said that the United States itself built the conditions under which Russia and other countries that create equal dialogue and mutually beneficial relations entered the "new G8".

“The United States created the conditions with its own hands for countries wishing to build an equal dialogue and mutually beneficial relations to actually form a new G8 together with Russia,” Volodin said in his Telegram channel.

The politician believes that the economy of the United States, Japan, Germany, Britain, France, Italy, Canada continues to "crack under the load of sanctions imposed against Russia": in the first quarter of this year, the United States recorded a fall in GDP by 1.5%, and inflation reached its highest level since December 1981, which reached 8.6%.
The formation of new points of growth in the world, as Volodin writes, was due to the rupture of existing economic relations by Washington and its allies.
"The group of eight countries not participating in the sanctions wars - China, India, Russia, Indonesia, Brazil, Mexico, Iran, Turkey - in terms of GDP PPP is 24.4% ahead of the old group," he writes.
The US continues to create tension in the world, "sinking" in economic terms, the politician believes. According to him, the States are doing everything to solve their problems at the expense of others, "and this will inevitably lead to the loss of hegemony in the world."

The organization of the "Big Seven" (until Russia left), according to the plan, was to become a tool for balancing the interests of the 7 largest economies:
USA, Japan, Germany, France, Britain, Italy, Canada

However, for now:

1. These economies are no longer the largest (not all, at least)
2. There is no "mutual consideration of opinions and interests" there. There is one big Kaa boa snake and 6 banderlog boas that sit in a circle with their mouths open and do whatever they are told.

Let's try to compare the new and old organizations in terms of GDP at purchasing power parity.

New G-8:

China (1) - $27,206.3 billion
India (3) - 10,218.6
Russia (6) - 4,490.5
Indonesia (7) - 3,566.3
Brazil (8) - 3,436.9
Turkey (11) - 2943.1
Mexico (13) - 2,666.6
Iran (20) - 1,436.9
Total - $55,964.3 billion

Old G-8:

USA (2) - $22,997.5 billion
Japan (4) - 5,615.0
Germany (5) - 4,856.8
Russia (6) - left G-8 in 2014
Britain (9) - 3,402.8
France (10) - 3,361.6
Italy (12) - 2,734.4
Canada (15) - 2,025.4
Total: - $44,993.5 billion

The total performance of the new Ji-8 is simply amazing:

1. In terms of population, this is almost 50% of the world's population (3.8 billion inhabitants). Whereas the current "Big Seven" has a total population of less than 10% (770 million)
2. By area - 33% of all land without Antarctica (45 million km2). The area of ​​the current G7 is 15% of the land (21 million km2)
3. In terms of GDP - 37% of the world economy (55 trillion dollars). This is against 30% of the current "seven" (45 trillion)
Thus, the new organization will:

22% more in the economy
114% more area
390% more in population
And now this can really be called the BIG Eight.

The nearest candidates for the new G-8 are also named. These are Nigeria and Egypt. In total, Nigeria and Egypt have 2.3 trillion dollars of GDP (more than Canada) and 330 million people (like the United States). So, this is a rather significant part of humanity, which, by the way, has its own scores with America.

Thank you.

Japan economy is tanking.
The govt. here realized on 2 things since they exported their manufacturing out of this country.
1. tourism is what is keeping many cities functioning . Since covid , our tourist industry has completely went bankrupt .
2. we now need to import foreign workers to do what we call " DDD " jobs. that stands for D actually stands for Mundane , Dangerous and Dirty jobs.

Western media has been claiming that sanctions are bringing Russia and its people to their knees, but a little research show Russia's multinational holdings are increasing in profit, thanks to sanctions increasing the value of Russian resources.

People in the US are absolutely suffering with runaway inflation and are at the point where they can't afford the gasoline to get to and from work. It's costing nearly twice as much for a weeks worth of groceries. More and more families are becoming homeless each day.

All this, and we're led to believe that Russian citizens are hurting even more, so sanctions are working- and when it gets bad enough the Russian citizens will rise up in revolt and get rid of Putin.

I don't know what it's like in Russia, but your posts aren't filled with the desperation one would expect from the picture our media posts.

I appreciate the information you share and found this post to contain a lot of the information I've been seeking.

a reply to: nugget1

I will answer you simply: since December last year, my well-being has increased, and significantly. It's the same with my relatives and friends, but not all of them.

a reply to: RussianTroll

So BRICS plus then , perhaps the additions could help it succeed this time , or perhaps not.

“Brazil and Russia have been too dependent on the world’s commodities for their development. Domestically, they’ve had problems as well. Corruption scandals have set Brazil back and sanctions have been detrimental on Moscow,” Sebastian told TRT World.

“Russia’s population is shrinking, and some of the few social gains in areas like education and healthcare from the USSR-period have faded. Brazil’s progress under the Lula period was commended for its inclusive economic efforts, but subsequent governments, particularly now under president Jair Bolsonaro, have mismanaged those economic gains,” said Sebastian.

For South Africa, after nine years under Jacob Zuma’s rule almost $30 billion was looted from the state. Even before his imprisonment, there was popular anger brewing in a country where unemployment now stands at over 34 percent and its share of global output shrunk over the last two decades.
www.trtworld.com...

I doubt a grouping of politically corrupt countries could fail.... could it ?

Russia (6) - left G-8 in 2014

In truth Russia was excluded from the G-8 following its annexation of Crimea and complicity in the shooting down of a passenger plane in 2014 , it left following that exclusion.

originally posted by: nugget1
Western media has been claiming that sanctions are bringing Russia and its people to their knees, but a little research show Russia's multinational holdings are increasing in profit, thanks to sanctions increasing the value of Russian resources.

People in the US are absolutely suffering with runaway inflation and are at the point where they can't afford the gasoline to get to and from work. It's costing nearly twice as much for a weeks worth of groceries. More and more families are becoming homeless each day.

All this, and we're led to believe that Russian citizens are hurting even more, so sanctions are working- and when it gets bad enough the Russian citizens will rise up in revolt and get rid of Putin.

I don't know what it's like in Russia, but your posts aren't filled with the desperation one would expect from the picture our media posts.

I appreciate the information you share and found this post to contain a lot of the information I've been seeking.

We've never been told any truth about Russia in order for the western world to keep them in the back pocket as handy enemy to pull out whenever needed. It's so ridiculous.

I live in NW Mexico. We're at this point, seeing nothing of what I'm hearing from the US. Energy prices have remained stay. Stores seem to be well stocked.

I've always felt that Mexico will fare relatively well the coming storm (relatively being relative ).

originally posted by: gortex
...I doubt a grouping of politically corrupt countries could fail.... could it ? ...

I literally LOLed on that. Some people think ... they actually believe .. that western countries' political systems are not equally as corrupt. The US, GB, all of their lap dogs are rotten to the core.

In answer to your question; Yes, they can fail. Just look at the US right now for confirmation. There is a politically corrupt country in free fall.

I just ... There's no more I can say.

:

a reply to: RussianTroll

I've hedged my bets. I have several children (adults now). Two of them are Chinese nationals. One is Indonesian. One is Russian.

originally posted by: tamusan
a reply to: RussianTroll

I've hedged my bets. I have several children (adults now). Two of them are Chinese nationals. One is Indonesian. One is Russian.

And I have all - the citizens of Russia. So I have something to fight for and something to die for. I and my children and grandchildren have a Motherland.

a reply to: RussianTroll

Hopefully, it doesn't come to either one of us having to fight and risk death.

a reply to: RussianTroll
double

a reply to: RussianTroll

From your own data, 50% of the worlds population can only achieve 20% more GDP than 10% of it...not exactly a glowing endorsement.