elliot_mllr

BRIC to BIC to BICI?

But Indonesia is a rapidly growing market (and stock market, although the latter is still illiquid) and, unlike China, two-thirds of its output is for domestic consumption, not exports.


On Jun 26 09:50 PM Alan Young wrote:

> When the author said "Indonesia is a very small market," that should
> pretty much be the end of the story. Its stock capitalization is
> less than a tenth of a BRIC; it will be many years before it evolves
> into something tradable.
>
> Deserving of more attention: South Africa, whose stock cap is already
> more than India or Russia, and which has abundant resources for future
> growth.

BRIC to BIC to BICI?

Australia's role may have been set back by Rio Tinto's rebuff of Chinaclo.


On Jun 27 10:51 AM WS1835 wrote:

> IMHO - I see a fairly certain emergence of "BICA", lol.....
>
> The current BRIC alignment is an apt grouping at the current time,
> but Russia is really only there due to former glory and its control
> of Europe's gas supply. Europe continues to diversify their energy
> base and soon everyone will have nukes so those advantages will mean
> far less in the future. Combined with a domestic demographic implosion,
> Russia is headed back its historic status as a second rate behemoth
> way out in the hinterland of Eurasia.
>
> Similar comments might be made for Japan. After its brief imperial
> stint last century, its cultural perspective has once again turned
> inward to the point where being a major power isn't even thinkable.
> It will remain regional player in the Pacific, but probably little
> more than that as it too faces demographic challenges.
>
> The future influence of China and India is a done deal, and Brazil
> is well on its way to dominating trade in south and central america.
> As the economic clout of the USA and its dependent Mexico fade due
> to government policy and instability, Brazil's lock on the southern
> half of the hemisphere will be solid.
>
> So it is pretty safe to bet on "BIC" at the very least. However,
> I would suggest that there will be a fourth nation in that group
> shortly after Russia drops out. As mentioned by other commentors,
> I think that nation will be Australia. Australia isn't as big as
> the BIC countries, but it has characteristics that will push it to
> prominence as the hub of worldwide economic activity shifts from
> the USA/Europe to the Far East. Australia is a serious player on
> the commodities front and is the sole 'western' presence in SE Asia.
> (no offense to New Zealand, too small to count)
>
> Its financial stability and resources are already giving it significant
> policy influence with China and the minor SE Asian nations. Australia
> has an excellent chance become the 'middle man' for the new economic
> order in Asia. It is physically situated mid way between India and
> China and Japan, and politically/culturally it is situated mid way
> between the Orient and the West. In addition, the Aussies don't
> have the same geo-political baggage as countries like the UK or USA.
> As China and India work together to economically develop and unite
> the Far East, Australia is one of the few western nations likely
> to be invited to the table.
>
> So get ready for BICA.....or....CIBA...... BIAC.....

BRIC to BIC to BICI?

Read page M7 of Barrons of June 29th and you'll see what Indonesia has.


On Jun 26 11:13 AM feelofficer wrote:

> A silly game...
>
> Despite Russia's perilous investment circumstance... it ranks as
> a world power rich with technology, resources and population to maintain
> it as a (somewhat) worthy investment.
>
> What does Indonesia have but population?