Metzenbaum Scissors

Global Investing, BRIC by BRIC

India: 300,000 people with treatable leprosy. One (!) course of very cheap antibiotics cures it... and they don't have the infrastructure to deliver it.

People, don't be confused b/c every PhD in engineering comes from China or India... those are their only smart people--- that's why they are here. As for the rest... it's a long way to 2d place.

The major roads in India still have COW CARTS on them! China is the worlds biggest open toxic waste dump with no rule of law. When America stops buy their assemblies (not manufactures, they manufacture very little) all those prisoners in the PRC work factories won't have any place to sell their plastic flowers... and its the Great March all over again.

Russia is a kleptocracy. Nothing else needs to be said.

Contagion? Oh, yeah. No way in a marxist wet dream is their sufficient internal demand to lift these two out of the mire, with a waning US.

Well, that's RIC. As for the B, who cares?