I have yet to see that Obama took even ECON 101 at any time in his storied academic career.
He took Socialism 101 instead, which was taking things over and having a monopoly over all the PR, languages, moneys and thus be able to twist truth and economic facts once empowered.
The French have run the language business for a while at the UN, and Obama and Hollande would pick from the same PR pool.
This is not a G8 economic summit, it is a whoring of politicians trying to sell garbage and run for office.