BRICs Plunge, Investors Beware, Warns The Financial Times

Monday, March 31, 2008 8:50 a.m. EDT

An intriguing development has escaped most investors’ attention in the anguish over what’s been happening on Wall Street: What’s been happening to the BRICs.

Only a few months ago, Brazil, Russia, India, and China were the center of potential world economic growth. Investors believed the BRICs could continue to thrive even if there was a slowdown in the West.

But that’s over, says the Financial Times’ John Authers, and the BRICs should be a major source of concern for investors. He writes that those economies have obviously not "de-coupledâ€