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BRICs Starts With a B - Brazil Will Be the Next China?
By Flavio Lemos


Brazil will be the next china to invest. high rates and currency apreciation agins the dollar.Jim O'Neill, head of global economic research at Goldman Sachs,forecasted in a 2001 report that the GDP of Brazil, Russia, India and China, and would be 50 percent of the combined GDP of the US, Japan, Germany, France, Italy and Britain by the year 2025, and would surpass them before 2050. O'Neill created a new word - BRICs - with the first letter of the English names of the four countries. BRICs became a popular term all over the world.

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1
arch williams writes:

Subject: good point

Mr Lemos has analyzed several key points including Brazilian forex and fundamentals. Congrats and keep going.

Comment provided September 23, 2009 at 10:17 am

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