All right, Alexander, let's talk about the G7 meeting taking place in Italy and the BRICS meeting that's wrapped up in Russia.

The foreign ministers meeting as well as the finance ministers or just the foreign ministers?

I believe so. Yeah, I think it was the foreign ministers, but there were certainly people from the finance side there also. And that is the most important part of this now

because it's the finance side that's moving forward. Yeah. Do you want to start with the bricks then

and go to the G7 or the G7 first? No, let's start with the G7 because I think we can get that out of the way fairly quickly.

I mean, even in the West now, the fact that there's been a G7 meeting is attracting less and less attention.

I mean, the only thing these people have done is that they've come up with an agreement to provide Ukraine with the

$50 billion loan, which, as we've discussed in another video, is one of the stupidest ideas on the

planet. But anyway, they've come up with that idea. In practice, in every other respect,

these G7 meetings now have just become meaningless and empty rituals put together by people who are completely out of ideas.

The G7, when it was first launch, I can remember when it was, by the way, there was a summit in Rambouillet in Paris, which was called by the French president of that time in 1968,

just Goddustin. It was also supposed to be an economic summit, an informal summit of Western leaders

to try to keep the world economy, as it that was on track.

And at one point it serves some kind of a purpose.

But the G7 is now a shrinking part of the world economy.

And even if it was a larger part of the world economy,

the leaders in question are all underwater politically, Schultz, Macron, possibly Biden,

definitely soon act, and they're out there out of ideas. They really have no plan going forward,

and it shows. I mean, they're not really managing any part of the world economy anymore.

So they're issuing meaningless talking points increasingly taking, I suspect.

We haven't yet seen the final communicate, but I suspect it's going to take a very strong

line against Russia, obviously, but probably against China too,

...