G-7 Meetings this weekend (6)
StressFree: Any thoughts?
.
Sounds like a new shift of power is on the line...or a confirmation of the shift of power...
.
.
Sounds like a new shift of power is on the line...or a confirmation of the shift of power...
.
The shift in power started a few years back with BRIC...Brazil, Russia,India and China..It'll take another 10-15 years before 'they' hold the balance of power...
------ This thread is Archived ------
phoenix: The shift in power started a few years back with BRIC...Brazil, Russia,India and China..It'll take another 10-15 years before 'they' hold the balance of power...
Yes it did, the early 90's, nationalism of banks, reduced spending, less reliance on oil, maybe this cloud has a silver lining.
------ This thread is Archived ------
phoenix: The shift in power started a few years back with BRIC...Brazil, Russia,India and China..It'll take another 10-15 years before 'they' hold the balance of power...
What's up phoenix
Hope the football (soccer) was good today.How strong and influential do you think their alliance is now? Can you unpack the shift of power coming in the 10-15 year window a bit more? I really can't say that their way of global capitalism is a bullet proof formula for success. They will just meltdown as well after some initial success....
Anyways, the BRIC alliance can become very powerful in the future and gain all the political clout because more than likely their militaries will be heavily built and modernized if they do become extremely rich and hold the global balance of power.
Just looks like another recipe for disaster
Same old formula accompanied by the same old fears and divisions.------ This thread is Archived ------
StressFree: What's up phoenix Hope the football (soccer) was good today.
How strong and influential do you think their alliance is now? .
How strong and influential do you think their alliance is now? .
Goldman Sachs argues that the economic potential of Brazil, Russia, India, and China is such that they may become among the four most dominant economies by the year 2050. The thesis was proposed by Jim O'Neill, global economist at Goldman Sachs. These countries encompass over twenty-five percent of the world's land coverage, forty percent of the world's population and hold a combined GDP (PPP) of 15.435 trillion dollars. On almost every scale, they would be the largest entity on the global stage. These four countries are among the biggest and fastest growing Emerging Markets.
.Brazil is dominant in soy and iron ore while Russia has enormous supplies of oil and natural gas.
Goldman Sachs predicts China and India, respectively, to be the dominant global suppliers of manufactured goods and services while Brazil and Russia would become similarly dominant as suppliers of raw materials......
------ This thread is Archived ------
phoenix: Goldman Sachs argues that the economic potential of Brazil, Russia, India, and China is such that they may become among the four most dominant economies by the year 2050. The thesis was proposed by Jim O'Neill, global economist at Goldman Sachs. These countries encompass over twenty-five percent of the world's land coverage, forty percent of the world's population and hold a combined GDP (PPP) of 15.435 trillion dollars. On almost every scale, they would be the largest entity on the global stage. These four countries are among the biggest and fastest growing Emerging Markets.
.Brazil is dominant in soy and iron ore while Russia has enormous supplies of oil and natural gas.
Goldman Sachs predicts China and India, respectively, to be the dominant global suppliers of manufactured goods and services while Brazil and Russia would become similarly dominant as suppliers of raw materials......
.Brazil is dominant in soy and iron ore while Russia has enormous supplies of oil and natural gas.
Goldman Sachs predicts China and India, respectively, to be the dominant global suppliers of manufactured goods and services while Brazil and Russia would become similarly dominant as suppliers of raw materials......
But what about the consumption of India and China. With the population that both have. And low to modest per capitive GNPs.
How do they keep consumers happy? Both have over a 1b people.
With large numbers below the proverty lines. China's product control......toys, milk, hijacked products...is not a good track record.
India's problem is just the numbers of people in the cities that it has.
Indian cities are the most dense in the world.
Russia. Its main energy consumer is Europe. What happens as Europe flips to alternative energy, electric cars, windmills etc. Less demand for oil. So they have a consumer with decreasing demand. It means Russia needs to develop China as a oil market. I am pretty sure they don't have pipeline to China. The transRussia ends in Mongul and Vadavostock on the Pacific. That is maybe yes and maybe no that Russia can develop this market. China is doing oil deals around the globe right now. Has seen how Russia plays the oil card. My bet is hesitant to become reliant on Russian oil.
Brazil. Has done the best job of them all. There it seems to me to be an coming environmental crisis as more and more rain forest goes.
Big growing population yes. And no external threats in South America.
But at times they will make some fraudulent products. We have gotten watered OJ from them in the past here in the US.
The BRIC has the potential to become what people say. But still has some major obstacles to doing so. Look what happen in the Russia market of recent. If Russia was solid.....it would not have taken the nose dive that has this last 6-7 months. It was taken that dive prior to the US financial crisis even. Which cannot help it.
------ This thread is Archived ------
This Thread is Archived
This Thread is archived, so you will no longer be able to post to it. Threads get archived automatically when they are older than 3 months.
« Go back to All Threads
« Go back to All Threads
More Threads
The weird and the random facts around the world
men's perspective towards women
Kultur-multur
s*xual skills
your favorite topic?
wanting beyond need
More Proof The GOP is a Criminal Organization
Would you hire this guy - for any job?
Karen McDougal - Playmate Model will testify in Hush Money Trial
Ladies
More Threads
Report threads that break rules, are offensive, or contain fighting. Staff may not be aware of the forum abuse, and cannot do anything about it unless you tell us about it. click to report forum abuse »
If one of the comments is offensive, please report the comment instead (there is a link in each comment to report it).
If one of the comments is offensive, please report the comment instead (there is a link in each comment to report it).
Stats for this Thread
540 Views
5 Comments
Created: Oct 2008
Last Viewed: Apr 26
Last Commented: Oct 2008
0 Likes
Related Forums
- The weird and the random facts around the world
- men's perspective towards women
- Kultur-multur
- s*xual skills
- your favorite topic?
- wanting beyond need
- More Proof The GOP is a Criminal Organization
- Would you hire this guy - for any job?
- Karen McDougal - Playmate Model will testify in Hush Money Trial
- Ladies
Tomorrow is epic-huge with this handling of a category 5 financial hurricane. More countries (20) will be joining tomorrow, including China, Brazil and India so they can listen to treasury secretary Henry Paulson explain some things and surely listen to his pitch.
A lot is on the line and the solutions seem to be at it's core... global. The US wants to buy direct stakes in banks to save or hold off a global financial serious collapse. The bailout money was seen a only something part of the solution...not the solution.
Sounds like a new shift of power is on the line...or a confirmation of the shift of power...
Some dramatic changes are being considered globally and it looks like there will be an array of changes in the banking sector. The guardian quoted this; "Last night it was nationalisation rather than a free-market solution that looked more likely, even after the G7 unveiled its five-point blueprint to end a month of financial chaos. It is accepted that if the current plan to calm the markets through state-backed recapitalisation of banks fails, then there will be no alternative but for governments to take them over - lock, stock and barrel.