The BRICs, the Other Achilles’ Heel of the World Economy
- Monday, September 3, 2012, 12:01
- Market
- Add a comment
It’s not just about debt disease in Europe and the US, it is also about the illusion of decoupling, the view that strong enough developing Asia and BRICs can support global growth while the rest of the developed world is deleveraging.
http://www.forbes.com/sites/pierredelage/2012/09/03/the-brics-the-other-achilles-heal-of-the-world-economy/