BRIC the way to global economic health

(source: http://totalgadha.com)

 
Like one of my earlier posts, I again stress here that developing countries will take the rest of the world out of recession and BRIC countries would be the ones to do it. BRIC stands for Brazil, Russia, India and China. There countries show promising future for any country or company ready to invest. An investor, Mark Mobius, Templeton Asset Management Ltd, wrote in a note on 1st March 2010, (according to bloomberg.com): "India’s macroeconomic fundamentals have significantly improved. The government has done a good job in managing the economy through the recent crisis and, unlike companies in the US and Europe, most companies have healthy balance sheets and strong cash flows.”