BRICS could overtake G-7 as the biggest economic block

[HariPrasad]

Vacuum created by fall of china shall be filled by India.

 

[ito]

We are witnessing the Chinese share market now. Half of the listed shares are not traded now. Chinese economic might bubble is busting.

Half the wealth on Shanghai Stock Exchange is wiped out. Chinese government effect to buy stocks through a $19 billion fund yielded zero results. The stocks are still going down south.

 

[rcrmj]

I don't need to know economics from bots. How much are you paid by CPC for foul mouthing other?

and i dont take nonsense from high caste feudal lords```a simple trip around world would know how pathetic India is at, incoherent, deluded and primitive`` in reality India is as rich and successful as Algeria and Tunisia

 

[ito]

and i dont take nonsense from high caste feudal lords```a simple trip around world would know how pathetic India is at, incoherent, deluded and primitive`` in reality India is as rich and successful as Algeria and Tunisia

Hey bot...can you stop derailing the thread?

 

[rcrmj]

Vacuum created by fall of china shall be filled by India.

so you keep saying since the creation of PDF

i reckon after 3571 years, when this actually happened, you'd rise up from cow-skin made coffin and say``` "see? I told you before"

Hey bot...can you stop derailing the thread?

hey Asan, I am not, just hammer some ground reality into your brain

 

[C130]

color me shocked. China and India alone make up what a third of the worlds population


but you do got some weak links in the BRICS

Brazil-isn't doing so well
Russia-isn't doing so well
South Africa- isn't doing so well

I think it's too soon to tell

but Eurozone isn't doing so well and could collapse. so it's up for grabs.

 

[ito]

so you keep saying since the creation of PDF

i reckon after 3571 years, when this actually happened, you'd rise up from cow-skin made coffin and say``` "see? I told you before"


hey Asan, I am not, just hammer some ground reality into your brain

Seems the software that runs this bot has comprehension problems...don't quote me again...I don't have time for bots.

color me shocked. China and India alone make up what a third of the worlds population


but you do got some weak links in the BRICS

Brazil-isn't doing so well
Russia-isn't doing so well
South Africa- isn't doing so well

I think it's too soon to tell

but Eurozone isn't doing so well and could collapse. so it's up for grabs.

The problems of Russia and Brazil are temporary...they are resource rich while India and China are resource hungry. South Africa is important because it represents Africa...the next growth frontier.

 

[rcrmj]

Seems the software that runs this bot has comprehension problems...don't quote me again...I don't have time for bots.

it is a classic out of speech syndrome, appeared when a deluded Indian encountered reality

 

[HariPrasad]

Half the wealth on Shanghai Stock Exchange is wiped out. Chinese government effect to buy stocks through a $19 billion fund yielded zero results. The stocks are still going down south.

When there is a slide of 3 TR usd , what can 18 bn USD fund can do?

 

[C130]

Seems the software that runs this bot has comprehension problems...don't quote me again...I don't have time for bots.



The problems of Russia and Brazil are temporary...they are resource rich while India and China are resource hungry. South Africa is important because it represents Africa...the next growth frontier.

relying on resources to drive growth is counter productive

Dutch disease - Wikipedia, the free encyclopedia


commodities are in the tank as well.

 

[大汉奸柳传志]

BRICS is a hoax, nothing under the name. G7 is now just US & lackeys

As I said PPP is irrelevant internationally.

Internationally I think PPP makes more sense as it‘s designed to be less affected by exchange rate fluctuation between currencies.

 

[ito]

When there is a slide of 3 TR usd , what can 18 bn USD fund can do?

It is 4 trillion now...by buying shares of large companies, government can stop the free fall, because large companies have large weights in the index. But I think Chinese investors are panicking more and are selling off the stocks in large numbers than the government's injection could arrest the free fall.

relying on resources to drive growth is counter productive

Dutch disease - Wikipedia, the free encyclopedia


commodities are in the tank as well.

I am not talking commodity trading.

India and China require oil and iron to run their country which Russia and Brazil can provide. It is a symbiotic relation.

 

[C130]

BRICS is a hoax, nothing under the name. G7 is now just US & lackeys


Internationally I think PPP makes more sense as it‘s designed to be less affected by exchange rate fluctuation between currencies.

it's obvious china should replace Russia for G-8

G-8 will be stronger than ever

 

[HariPrasad]

BRICS is a hoax, nothing under the name. G7 is now just US & lackeys


Internationally I think PPP makes more sense as it‘s designed to be less affected by exchange rate fluctuation between currencies.

PPP is the actual size of economy while nominal GDP is the value of economy in USD. If your currency is undervalued, valuation of your economy is low. nominal GDPxPPP=size of your economy in PPP.
Indian currency is 4 time under valued so size of actual economy is almost 4 time the size of nominal valuation of Indian economy.

 

[ito]

it's obvious china should replace Russia for G-8

G-8 will be stronger than ever

Yes...that would make G7 very strong. I think there are talks among G7 countries to invite China into G7.