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Baraka_Guru · 12-09-2009, 07:56 PM

Well the Canadian perspective is that economic zones such as BRIC are essential to our economic recovery, since we export a high volume of resources to developing economies. The challenge for us right now is that our dollar is really strong, so our exports are pricey at the moment.

We might be hearing more about these nations now, considering how the economies of developed nations are in the tubes, but in certain circles they've been saying generally the same things about them. They are ripe for opportunities based on their rates of expansion.

It was recently reported that India's GDP grew by 7.9 percent. This was ahead of a forecast of 6.3. But with the world economy as it is, developed nations would have been happy with a fifth of that.

12-09-2009, 07:56 PM	#2 (permalink)
Baraka_Guru warrior bodhisattva Super Moderator Location: East-central Canada	Well the Canadian perspective is that economic zones such as BRIC are essential to our economic recovery, since we export a high volume of resources to developing economies. The challenge for us right now is that our dollar is really strong, so our exports are pricey at the moment. We might be hearing more about these nations now, considering how the economies of developed nations are in the tubes, but in certain circles they've been saying generally the same things about them. They are ripe for opportunities based on their rates of expansion. It was recently reported that India's GDP grew by 7.9 percent. This was ahead of a forecast of 6.3. But with the world economy as it is, developed nations would have been happy with a fifth of that. __________________ Knowing that death is certain and that the time of death is uncertain, what's the most important thing? —Bhikkhuni Pema Chödrön Humankind cannot bear very much reality. —From "Burnt Norton," Four Quartets (1936), T. S. Eliot