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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (26080)	1/6/2010 8:32:15 AM
From: Real Man	Respond to of 71452

Emerging markets are much less credit-bubbly, but the Chinese are communists. The country is ruled by politburo, so they can cancel capitalism if they want or need to do so (alternatively, there could be a political transformation in China, but don't count on it, for now). I don't think they even have land property rights. I'm more bullish on India. They are the cheapest labor country, and a former UK colony. Quite a few of these became what's known as developed countries, and for a good reason. I'm also not very bullish on Russia in the BRIC bloc, long term. The democratic process there is incomplete, the country is a Banana Republic, with oil in place of bananas. That said, the population is very educated, and the political system itself is quite democratic these days compared to what it used to be. -g- I'd say BI of BRIC. -g-