Gtarras

BRIC Countries 'Flying Kites'

To Author: so much hype, and yet I find nothing concrete in your thesis, sorry. For example, the final line:

Behind the scenes, we can bet that creditor states are preparing for flight. Though the dollar's slide has been stayed by pronouncements of confidence from Russia, Japan, China, and others, there will come a time when the pain is too great and the outcome too certain. Private investors who haven't already left the collapsing dollar ballroom may be crushed when the big players stampede for the door

I assume you are making a point of a stampede out of dollar. Yet you stop short of WHAT they will stampede into? Would you care to clarify, and explain why a certain currency/asset would be their preferred choice? TIA.