UPDATED: We learned that President Obama agrees - The G8 was buried this week in the ruins of L’Anquila. What will be the shape of the 21st Century small group of Nations to guide multilateralism? The UN is way too big and even the G20 has its problems - What about The Major Economies Forum as absolut maximum size?

The UN came into existance in 1945 as a post-World War II organization, as a club of the victors in the war, to guide the world under the supervision of the 5 permanent members of the UN Security Council: the US, Britain, France, Soviet Russia, and Maoist China.The war-axis states of Germany, Italy and Japan were not members of the UN It became slowly evident that the above five were not the world economic leaders and in 1975, thirty years later, in Paris, a new club was formed - the G6 tha