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robertmf
14-04-2014, 23:47
Despite its strange origins and some serious challenges confronting it, the bloc of countries that has emerged into the international arena under the acronym BRICS (http://www.globalresearch.ca/the-global-economic-chessboard-and-the-role-of-the-brics-brazil-russia-india-china-south-africa/5357502) (Brazil, Russia, India, China, South Africa) has the potential for being a positive force in world affairs.

BRICS - Wikipedia, the free encyclopedia

Benedikt
15-04-2014, 06:19
[QUOTE=robertmf;1299918]Despite its strange origins and some serious challenges confronting it, the bloc of countries that has emerged into the international arena under the acronym BRICS (http://www.globalresearch.ca/the-global-economic-chessboard-and-the-role-of-the-brics-brazil-russia-india-china-south-africa/5357502) (Brazil, Russia, India, China, South Africa) has the potential for being a positive force in world affairs.

nearly all of them have a young population, plenty room for future development. Though one needs to get them out of that -poor- spiral and lift them up to -middle class- where they potential and buying power is.Future is in these countries, EU and USA population is aging, not enough kids,young professional immigrants will be harder to convince to get there. Will become the worlds old Age Home and infirmary.

Matt24
15-04-2014, 08:32
Robert you a bit behind the times, BRICS transformed into BICSA some years ago, (BRAZIL, INDIA, CHINA, SOUTH AFRICA) Russia was demoted as an investment grade opportunity due to poor demographic potential, and lack of economic diversity, India has failed to open it's economy up and has super high potential but is overburdened by bureacracy, inflexibility and hugely imbalanced wealth distribution - only Brazil remains of the original BRIC, and SOUTH AFRICA joins them in the group of large emerging markets with medium term investment potential

Where the money is really at now is the MINTs (MEXICO, INDONESIA, NIGERIA & TURKEY) youthful, literate population, deregulated economies and strong industrial bases involved in marketable industries, also high % of Foreign Direct Investment compared to GNP is significant in delivering growth potential.