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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (53719)8/19/2009 3:30:18 PM
From: elmatador1 Recommendation  Respond to of 217890
 
According to IMF data, the BRIC countries accounted for nearly half of global growth in 2008 - China alone accounted for a quarter, and Brazil, India, and Russia were responsible for another quarter. Furthermore, the IMF notes that these economies accounted for more than 90% of the rise in consumption of energy and metals, and 80% of the rise in consumption of grains since 2002.

seekingalpha.com

and that is only the beginning. The SCALE is huge. Gargantuan I would say.