Why Should You Invest in BRICs?
Few financial concepts have caught on as quickly as “BRICs,” which stands for Brazil, Russia, India and China, the “Big Four,” fast-growth economies on earth today. Goldman Sachs economist Jim O’Neill coined the phrase back in 2003, and it currently has come into widespread use as a symbol of the shift in global economic power away from the developed G7 economies on the way to the developing world.
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Categories: Investing