BRIC Strategy?

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anonymous

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Well, well. How's that BRIC strategy working out now that at least three out of four economies are on the skids. Brazil was roaring along at 8% just a couple of years ago is struggling to make 2. Russia is looking at oil prices at half what they need to survive on and it's getting cheaper. Don't know about India. But China is starting to freak now that their GDP is falling to 7%. That's why they cut the value of the yuan to prop themselves up and you can bet on them doing it again. And it's now thumping our stock market down almost 10% in the last 3 months. Here's a recent article from the Washington Post about the unraveling of the globalization:

http://www.washingtonpost.com/busin...5425c2-e82e-11e4-aae1-d642717d8afa_story.html

Discuss.
 






anonymous said:
Well, well. How's that BRIC strategy working out now that at least three out of four economies are on the skids. Brazil was roaring along at 8% just a couple of years ago is struggling to make 2. Russia is looking at oil prices at half what they need to survive on and it's getting cheaper. Don't know about India. But China is starting to freak now that their GDP is falling to 7%. That's why they cut the value of the yuan to prop themselves up and you can bet on them doing it again. And it's now thumping our stock market down almost 10% in the last 3 months. Here's a recent article from the Washington Post about the unraveling of the globalization:

http://www.washingtonpost.com/busin...5425c2-e82e-11e4-aae1-d642717d8afa_story.html

Discuss.
Click to expand...

If Casta was still here, this wouldn't be the situation....
 






anonymous said:
Well, well. How's that BRIC strategy working out now that at least three out of four economies are on the skids. Brazil was roaring along at 8% just a couple of years ago is struggling to make 2. Russia is looking at oil prices at half what they need to survive on and it's getting cheaper. Don't know about India. But China is starting to freak now that their GDP is falling to 7%. That's why they cut the value of the yuan to prop themselves up and you can bet on them doing it again. And it's now thumping our stock market down almost 10% in the last 3 months. Here's a recent article from the Washington Post about the unraveling of the globalization:

http://www.washingtonpost.com/busin...5425c2-e82e-11e4-aae1-d642717d8afa_story.html

Discuss.
Click to expand...


Are you from Jethro Tull? Your commentary is thick as a BRIC.
 






anonymous said:
Well, well. How's that BRIC strategy working out now that at least three out of four economies are on the skids. Brazil was roaring along at 8% just a couple of years ago is struggling to make 2. Russia is looking at oil prices at half what they need to survive on and it's getting cheaper. Don't know about India. But China is starting to freak now that their GDP is falling to 7%. That's why they cut the value of the yuan to prop themselves up and you can bet on them doing it again. And it's now thumping our stock market down almost 10% in the last 3 months. Here's a recent article from the Washington Post about the unraveling of the globalization:

http://www.washingtonpost.com/busin...5425c2-e82e-11e4-aae1-d642717d8afa_story.html

Discuss.
Click to expand...



India will rescue smith&nephew and the
 












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