What is G20 sumit and why so many people are against it?

[mya]

Hi... Can someone please explain this? I know it's happening in Canada this year and just on security they spent 1 billion dollars... That's just insane

 

[khanlala]

Because they dislike the current (capitalist) economic system.

Their problem is that, like the world leaders at G20, they disagree among themselves. Some are anarchists who dislike all government. Some are revolutionaries who love government, but want themselves, not Obama, Brown & co running it. Some are greens who want industrial output and consumption reduced to save the planet, while some are trade unionists who want output and consumption maintained (if possible raised) to save jobs. If, by a miracle, their side won and the capitalist system vanished, who would win the ensuing argument about its successor?

So what is the point of a gathering of irreconcilable enemies, for once ostensibly on the same side?

And now apply the same reasoning to Sarkozy, Brown, Obama, Merkel........

The whole thing looks more and more like a football mach in the lunatic asylum. I despair.

 

[Wadaich]

But Khan Lala..........You have every reason to despair.

Because they dislike the current (capitalist) economic system.

Their problem is that, like the world leaders at G20, they disagree among themselves. Some are anarchists who dislike all government. Some are revolutionaries who love government, but want themselves, not Obama, Brown & co running it. Some are greens who want industrial output and consumption reduced to save the planet, while some are trade unionists who want output and consumption maintained (if possible raised) to save jobs. If, by a miracle, their side won and the capitalist system vanished, who would win the ensuing argument about its successor?

So what is the point of a gathering of irreconcilable enemies, for once ostensibly on the same side?

And now apply the same reasoning to Sarkozy, Brown, Obama, Merkel........

The whole thing looks more and more like a football mach in the lunatic asylum. I despair.

But Khan Lala they all are working on "New World Order Agenda". Please view the comments of Allex Jones (serious).

 

[gazoomartian]

Because they dislike the current (capitalist) economic system.

Their problem is that, like the world leaders at G20, they disagree among themselves. Some are anarchists who dislike all government. Some are revolutionaries who love government, but want themselves, not Obama, Brown & co running it. Some are greens who want industrial output and consumption reduced to save the planet, while some are trade unionists who want output and consumption maintained (if possible raised) to save jobs. If, by a miracle, their side won and the capitalist system vanished, who would win the ensuing argument about its successor?

So what is the point of a gathering of irreconcilable enemies, for once ostensibly on the same side?

And now apply the same reasoning to Sarkozy, Brown, Obama, Merkel........

The whole thing looks more and more like a football mach in the lunatic asylum. I despair.

They are all corrupt, greedy and zionsist. They spend tax payers money and have a great vacation. These type of meetings are purely symbolic for smaller countries to see that there big brothers. In every meeting they where to meet next and how to screw the smaller country with loan etc.

by the way, few months ago, I saw a man carrying a banner that said: 'capitalism is not working'. He was probably laid off etc

also G20 = Ghunda 20

 

[shaheedchoudry]

I will try to explain in a simple way. Twenty rich countries get together to agree on how can they exploit the rest of the world.

 

[gazoomartian]

I need to make a correction

G20 = 20 Gorey Ghundas

 

[bons]

I need to make a correction

G20 = 20 Gorey Ghundas

They also have non-gora ghundas

What is the G-20

The Group of Twenty (G-20) Finance Ministers and Central Bank Governors was established in 1999 to bring together systemically important industrialized and developing economies to discuss key issues in the global economy. The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers.
Mandate

The G-20 is the premier forum for our international economic development that promotes open and constructive discussion between industrial and emerging-market countries on key issues related to global economic stability. By contributing to the strengthening of the international financial architecture and providing opportunities for dialogue on national policies, international co-operation, and international financial institutions, the G-20 helps to support growth and development across the globe.
Origins

The G-20 was created as a response both to the financial crises of the late 1990s and to a growing recognition that key emerging-market countries were not adequately included in the core of global economic discussion and governance. Prior to the G-20 creation, similar groupings to promote dialogue and analysis had been established at the initiative of the G-7. The G-22 met at Washington D.C. in April and October 1998. Its aim was to involve non-G-7 countries in the resolution of global aspects of the financial crisis then affecting emerging-market countries. Two subsequent meetings comprising a larger group of participants (G-33) held in March and April 1999 discussed reforms of the global economy and the international financial system. The proposals made by the G-22 and the G-33 to reduce the world economy's susceptibility to crises showed the potential benefits of a regular international consultative forum embracing the emerging-market countries. Such a regular dialogue with a constant set of partners was institutionalized by the creation of the G-20 in 1999.
Membership

The G-20 is made up of the finance ministers and central bank governors of 19 countries:

• Argentina
• Australia
• Brazil
• Canada
• China
• France
• Germany
• India
• Indonesia
• Italy
• Japan
• Mexico
• Russia
• Saudi Arabia
• South Africa
• Republic of Korea
• Turkey
• United Kingdom
• United States of America

The European Union, who is represented by the rotating Council presidency and the European Central Bank, is the 20th member of the G-20. To ensure global economic fora and institutions work together, the Managing Director of the International Monetary Fund (IMF) and the President of the World Bank, plus the chairs of the International Monetary and Financial Committee and Development Committee of the IMF and World Bank, also participate in G-20 meetings on an ex-officio basis. The G-20 thus brings together important industrial and emerging-market countries from all regions of the world. Together, member countries represent around 90 per cent of global gross national product, 80 per cent of world trade (including EU intra-trade) as well as two-thirds of the world's population. The G-20's economic weight and broad membership gives it a high degree of legitimacy and influence over the management of the global economy and financial system.

http://www.g20.org/about_what_is_g20.aspx

 

[imemyself89]

Wow people are going nuts in Toronto right now. Police unable to handle protesters

 

[mya]

Thanks everyone for responding. The situation is pretty bad in toronto right now. Protestors are burning police cars.. And police using rubber bullets and shells

 

[hawk eyed]

have they delibrately restricted pakistan not to join dis group?i mean look at d list do india mexico n brazil by looking at dere economies deserve to b a member ov G 20........what is d criteria required 4 dis by d way?

 

[atensari]

Mercury rising - G20 G8 Toronto Canada

 

[gazoomartian]

have they delibrately restricted pakistan not to join dis group?i mean look at d list do india mexico n brazil by looking at dere economies deserve to b a member ov G 20........what is d criteria required 4 dis by d way?

They didnt ask Pak to join because we are not GHUNDAS (bigsmile)

 

[gazoomartian]

They finally learned to burn cars from us.

But a commercial says: Learn Not To Burn (bigsmile)