[Vigilanteman]

I was scratching my head just trying to figure out what action BRICS has actually taken . . . and YOU summed it up quite nicely.

It is a pipe dream for a part of the world that has to mostly export their best and brightest.

[Cronos]

BRICS started as a Goldman Sachs marketing campaign. The new one is “MEERKAT” or “frontier markets”.

Basic marketing BS.

I invested in funds investing in the Indian stock market and they were good. But the Brazilian and Chinese stock markets have underperformed.

China also launched its one belt one road initiative and then loaned massively to countries to get them endebted to China. They’ve scaled back on both.

I still think China and India and even Brazil can improve their economies significantly. The best would be for them to be like Modi’s India or pre-Xi jinping China —> keep your head down and focus on business.