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

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.

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What is the meaning of BRIC Nations?

BRIC stands for Brazil , Russia , India and China.

These nations are also called as the emerging economies in the world. These countries are supose to be the future superpower.

The markets in these countries are emerging once.

Almost 2/3 of the worlds population thrives here. Here the population is huge and ROI's is faster.

Between 2000 - 2005 BRIC contributed roughy 28% of the Global growth.

Just imagine the power of BRIC nations.

I will write  full report on BRIC very soon. I am working on it.

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