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The Problem With BRIC in 2008

Thomas. Right on Enron China.

Well Washington going haywire and real cause of current state of affairs obviously. This is like Mr Bean running the United states or even worse. In fact If Mr Bean was at helm we would have at least a good economy despite all gaffes.

Now despite Mr Bean running washington US markets will by pass the washingtonian corruption. Washingon is not the capital of the USA but Iraq currently. The moment the US market makers know that fact things can improve in hours. When in bad times, they say, the common sense, gets eclipsed by panic.

The Problem With BRIC in 2008

Question is not that BRIC will implode and will have serious downfall, but when. BRIC is not following the US markets as you see, which used to be the traditional case. However despite all US markets behaviour still does impact the world markets. Once the US institutionals bring some of the world market funds back to the US, which will happen sooner than later, it will strengthen the US markets and the talk of recession will fade away.
US markets will boom very shortly. We will write about the timing on our site soon and possibly share at seekingalpha.com

Now coming back to BRIC once the US markets turn back to bullish, BRIC will have some spectacular falls.