"Jim O'Neill an economist of Goldman Sachs say that BRIC shoppers can save the world" on Bloomberg.

>> Monday, December 1, 2008

With economies from the U.S. to Japan in recession , the 2.8 billion people in Brazil, Russia, India and China may provide the consumer demand needed to counter the slump.

I totally agree as China got a Bailout package of 4 trillion yuan ($586 billion).
India's Inflation is cooling.
These factors can lead to more consumer spendings.

Read Full article on Bloomberg. Click here.

Receive This kind of updates in ur email Id Subscribe - Click here.
Receive SMS updates for free - Click here.

0 comments: