Forget the Kim Summit going down in just a few days, the real fireworks are going down at the G7… well, over Twitter that is. Presidents Trump and Macron came out swinging over social media yesterday. This year's gathering of the richest nations in the world, otherwise known as the Group of Seven (or G7), is setting up to be less like a gathering of the "lords and ladies" and more like a street brawl.
Here's just a couple of the haymakers thrown yesterday evening. This one from the French President.
The American President may not mind being isolated, but neither do we mind signing a 6 country agreement if need be.
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But President Trump took that shot on the jaw and countered with his own uppercut saying:
Why isn't the European Union and Canada informing the public that for years they have used massive Trade Tariffs and non-monetary Trade Barriers against the U.S. Totally unfair to our farmers, workers & companies. Take down your tariffs & barriers or we will more than match you!
It goes on and on. Apparently, President Trump debated whether to even bother showing up at the summit this year. No other G7 member agrees with anything he's doing, so really what's the point? I don't agree with the President's tariffs. Trade war or even just flirting with one is not what we need right now. But I do agree with one thing: who really gives a crap about the G7? By all means… skip it.
I love President Macron's Twitter threat. I'll quote again - this time - in my best threatening French accent, "but neither do we mind signing a 6 country agreement if need be."
Ok. When was the last time the G7 signed anything that had any real impact… like ever?
Ok. When was the last time the G7 signed anything that had any real impact… like ever? You know what? I've got an even better question. What the heck is it that you guys really do up there? The original Group of Seven was formed in the 70's after the collapse of the exchange rate in 1971. They came together in crisis, but have done a whole lot of nothing ever since. The group has now become an elaborate meeting where the "lords and ladies" can congratulate each other for how awesome they are, and snap a quick selfie with their peers before catching a flight back home. But address real problems like a collapsing Italian economy? Nah. Address the global debt crisis that WE all started in 2008? Nope. "Let's get dressed up in ridiculous clothes and go on a foxhunt instead!"
The meeting is being held in Canada this year, and get a load of what our neighbors to the North have established as this years G7 agenda: To advance gender equality, fight climate change, and promote respect for diversity and inclusion.
Umm… laugh out loud? Thank you, Canada. Thank you for showing us how ridiculously irrelevant this event has become.
I hope President Trump rethinks his tariff agenda, but I also hope he finally sunsets this ridiculous gathering of the worlds most pompous - oops, I mean wealthy - nations in the world.