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Consisting of Mexico, Indonesia, South Korea, and Turkey, these growth markets look like they may be the next big thing. This group of aggressive, striving nations generally frighten conservative investors individually, but O'Neill's grouping creates confidence based on precedent.
Originally posted by tvtexan
Why that's just a new cologne compadre.
From the makers of Sex Panther..... It's MIST!
99% water, 1% attitude!
Plus it's made in Mexico, so you know it's good!
edit on 30-8-2012 by tvtexan because: (no reason given)
Originally posted by sligtlyskeptical
reply to post by freemarketsocialist
I don't really see what you have a problem with. They are simply saying that as ain investment opportunity these countries work pretty well together. When one is doing poorly another is usually doing well. i don't anyowhere how you can construe that they are taking credit for the economies of those countries.
The term BRIC helped direct huge sums of capital into these countries in search of higher yields. Not only that, but the BRIC-country governments hold BRIC heads-of-state meetings, academic conferences and investment forums to help solidify the alliance created by Goldman Sachs. An acronym coined by a financial firm has changed the course of history in these fortunate nations. This is quite amazing and very telling of who yields actual power in this day and age.