The decline and fall of just about everybody

posted by
September 26, 2011
by Pepe Escobar  
Posted in Commentary

"More than 10 years ago, before 9/11, Goldman Sachs was predicting that the BRIC countries (Brazil, Russia, India, China) would make the world economy’s top ten -- but not until 2040. Skip a decade and the Chinese economy already has the number two spot all to itself, Brazil is number seven, India 10, and even Russia is creeping closer. In purchasing power parity, or PPP, things look even better." (09/26/11)  

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