G-7 Redux

The CS Monitor has an interesting article on the economy:

http://www.csmonitor.com/2008/1020/p16s03-wmgn.html

Froehlich suggests the G-7 reflect the "changing global landscape" by adding China, India, Mexico, South Korea, Russia, and Brazil, all with economies exceeding $1 trillion in size, to the current members – the US, Britain, France, Germany, Canada, Italy, and Japan.

Sounds similar to what I suggested in this post:

http://willworkforjustice.blogspot.com/2008/10/g-7-to-rescue-dont-bet-on-it.html