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03-31-2008, 08:40 PM #1
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BRICs Plunge, Investors Beware, Warns The Financial Times
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€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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