Zhang

From “brick” to “see you” (sounds like this.)

Emerging Market Giants, so called “BRIC”, has generated such a buzz until 2008, when the fear and expansion of global recession hit hard on those emerging countries. Each letter of the BRIC represents Brazil, Russia, India, and China, and the Index tracking the BRIC has fallen by almost 70% during 2008. The investors are drowning now because of the loss, even the paper loss, and the question that comes to light is where should investment go?

Well, it is hard to say. The entire global economy has been hit hard by this economic recession, starting from the US financial bubble. However, the money is comparatively safe to flow to “CU” countries, C – China, the major economic driver to the global GDP; U – the US, the economic giant to the world economy. The concept is not new. Some scholars have already mentioned the “G-2” concept after realizing the importance of the two countries’ economy. Distinguished economists across the global, including Nobel Laureates in Economists, have expressed the philosophical backings on this issue. The empirical evidence has to be verified as the time goes by.

Some distinguished economists includes: . . .

To be continued . . .