Emerging economies can’t rescue world economy


http://www.bloomberg.com/news/2011-08-31/brics-no-cure-for-global-economy-this-time-as-avon-to-siemens-shares-sink.html

Brazil, Russia, India, and China simply do not have the buying power that the American consumer had for a long time, The American consumer was the goose that lay gold eggs but has now been strangled by cut-throat capitalism, greed, myopia, and class warfare.

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