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A Reminder of Why It’s the G-7 and Not G-8

Summary:
And also why we have sanctions against several Russian citizens, firms and financial institutions. Hint: It has something to do with the orange areas: Source: Euromaidenpress. In particular:Source: Ukrainian Defense Ministry via Euromaidenpress. For those inclined to dismiss the current conflict as merely a civil disorder, I refer them to this historical map. Source: Story of Hawaii Museum.

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And also why we have sanctions against several Russian citizens, firms and financial institutions. Hint: It has something to do with the orange areas:

A Reminder of Why It’s the G-7 and Not G-8
Source: Euromaidenpress.

In particular:

Source: Ukrainian Defense Ministry via Euromaidenpress.

For those inclined to dismiss the current conflict as merely a civil disorder, I refer them to this historical map.

A Reminder of Why It’s the G-7 and Not G-8
Source: Story of Hawaii Museum.

Menzie Chinn
He is Professor of Public Affairs and Economics at the University of Wisconsin, Madison

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