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BRIC

Discussion in 'Traders Glossary' started by Pharaoh, Jun 26, 2009.

  1. Pharaoh

    Pharaoh Colonel

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    BRIC is an acronym for Brazil, Russian, India, and China. Originally used by Goldman Sachs to describe these emerging economies as having the possibility of eclipsing the world's wealthiest nations by 2050.

    Originally, this was just speculation, but there seems to be a real movement towards an economic alliance between these countries in order to improve their financial bargaining power.
     

Y

y/y

Z

ZEW

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