Goldman&Sachs talks about BRIC Countries

[gandalFF85]

Ne veruvam da dojde do vakvo nesto.Posebno so faktot shto NATO momentalno kontrolira 80% od moderniot voen arsenal,a Zapadna Evropa kako i po obicaj nema humanost koga ide vo prasanje sopstveniot suverenitet.

[ANISHALBS]

WE R COMING GREAT SATAN (USA)& HIS ALLIES 

[Anton77bln]

Nothing can stop the force of the United BRIC members

[renisen1]

So Now South Africa is a formal member !

[crazyfabio1]

@renisen1 wrong look in wikipedia ,,its popultion is a relatively small 50 million and its economic growth in 2010 (3%)'' mexico and south korea may be will joint in BRIC group

[renisen1]

@crazyfabio1 look at any news ,cbs , cnn, South Africa ALREADY IS a member ! SINCE 2 OR 3 WEEKS AGO! LOOK AT THE NEWS .South African gvnmt requested to join a year ago and now its members approved .

[crazyfabio1]

@renisen1 bullshit

[renisen1]

@crazyfabio1 Listen its not about my or yours opinion .I m not suggesting who should or would join .Im not sure about your english skills but if you read the article that I ve sent you you will understand .Its on the news everywhere South Africa "ALREADY" JOINED .It is a member now at this moment and they will be in the next summit to be held in China .Yes ,everyone knows that South Africa is smaller than Mexico or South Korea but its up to Bric members to decide who will be included or not .

[crazyfabio1]

@renisen1 south africa is british slave south africa is 3rd country south africa in not fast grow economy bettert mexico and sounth korea to join in bric group look in wikipedia and will see

[renisen1]

@crazyfabio1 I know .Everyone knows that Mexican economy and population is larger than South Africa.

But the BRIC members invited South Africa to join them .

Don't argue with me I don't make things up it's on the news included wikipedia the one you mention so often.

So long

[crazyfabio1]

@renisen1 mexico is far better than shity south africa

[apresesco]

@renisen1 South Africa is there for political reasons. Now they have influence on the African Union. I bet that a Middle Eastern country (probably OPEC) will join the BRICS

[renisen1]

The great nation of Mexico it was not included in the acronym BRIC also because they wanted to keep as a confidential info.When the meetings of BRIC countries were held the great leader of Mexico didnt show up because he is too important to be disturbed (he was taking a SIESTA )by minor and less developed nations.

PLEASE WHOEVER READ THIS ANNOUNCEMENT KEEP AS A SECRET LETS KEEP THEIR REP AS IT IS FOR THE BENEFIT OF THE GREATES NATION OF ALL TIMES .VIVA ZAPATA !!! TACO BELL!!!

[mgessler]

@renisen1

Sadly, it is not a secret how stupid and ignorant most americans are... Last year (2009) there was 2700 killings in Mexico because of the war on drugs...

Same year (2009) there was 5600 killings in the US... But no war in the US.

95% of the victims in Mexico were drug cartels killers or drug smugglers.

97% of the victims ins the US were women and children and a big number of them were gunned don BY THE POLICE.

So, who are being killed like flies?

[renisen1]

VERY IMPORTANT ANNOUNCEMENT some SECRETS have been kept from everyone except mexicans. Now Im going to exposed them .

First Mexico is a well developed nation we all been fooled by media and data everywhere .10 millions of mexicans living illegaly in the US are actually citizens of other nations disguised as mexicans just to make them look bad !But only mexicans knew that .

All the poverty in chiapas and the zetas killing people like flies in Mexico are also foreigners trying to blame the Mexic

[mgessler]

@renisen1

BRIC is a therm used for a while to describe four countries which were growing very fast...

Mexico was left aside because it is considered a developed country. But, as Mexico continues to show a set of characteristics which are most common in emergent countries than in developed ones, it was later added to this group...

In a few words... There is no BRIC but BRIMC...

If that hurts you in any way, I'm sorry but you might need to learn to live with it.

[renisen1]

@mgessler Dude it's clearly BRiC and every single article ou there don't mention Mexico

besides aboutMexico being adeveloped country.yeah sure!!!

Every meeting heldby the Bric countries never heard of Mexican head of state being there or of u want check holman Sachsen web page about bric there is NO mexicaaan

so keep dreaming b.

So long

[xxxKERNKRAFT400xxx]

@mgessler Mexico developed country lol

[renisen1]

I dont understand what all these mexicans are doing here ! what f@k.

The guy who created the acronym is very clear its BRIC .Why these guys want so much attention .The day Goldman & Sachs change the acronym for something else you guys will be invited to the party until then...get a life

[cyans145]

If, already it investigates and if it is BRIMC since the Mexican economy in this moment will be 5 ° of the world (after China, The United States, India and Brazil) Russia will be 6 °... In this Year No European country will be in top10 the only ones that of today are and that in 2050 will be are USA and Japan...

:D

[renisen1]

@cyans145 once again its BRIC look for Jim Oneill interviews he is very clear This 4 countries will lead ,.forget about Mexico

[renisen1]

@cyans145 very clear IS BRIC and period .

[cyans145]

is BRIMC no ?

[jrcelestino]

@cyans145 is BRIC

[RafaelFernandeSantos]

@mgessler You said Mexico's GDP per capita is of 16,000 dollars, and that of Brazil is 7000. India's would be of 2600 and China's 1200. You concluded that Mexico's GDP is the largest of any BRIC nation. Let's see the real stats according to IMF 2009:

MEXICO GDP per capita: 8,135

BRIC GDP per capita:

Brazil: 8,220

Russia: 8,694

China: 3,678

India: 1,031

Man, you got all stats WRONG! Do Mexicans need to lie to get some self-steem?

[atlantasbest]

@Rafael: Mexico has a free market mixed economy, and is firmly established as an upper middle-income country. It is the 11th largest economy in the world as measured in gross domestic product in purchasing power parity. According to the latest information available from the International Monetary Fund, Mexico had the second-highest Gross National Income per capita in Latin America in nominal terms, at $9,716 in 2007, and the highest in purchasing power parity (PPP), at $14,119 in 2007.

[RafaelFernandeSantos]

@atlantasbest Thanks for copying and pasting things up from wikipedia. Well, in nominal terms, Mexican GDP was actually the 14th in 2009, and it is now virtually half of that of Brazil (1.57 trillion vs 870 billion). In nominal terms it's also been surpassed as I showed below: 8,200 Brazil vs 8,100 Mexico. In PPP terms, admittedly Mexico still surpasses Brazil in per capita numbers.

[atlantasbest]

@RafaelFernandeSantos : Guilty as charged lol... After a day of typing of course I rather copy and paste, too tired to type. lol... Sadly a lot of the growth could be done faster if we did not have corruption in our countries from our leaders. The money is there and so is the government thieves! Mexico and Brazil have the potential to be as good as Western Europe and US and Canada and such... eventually we will but corruption is slowing it down for now. Viva Tequila and Capirinha!! lol!!

[renisen1]

@atlantasbest it doenst matter its not BRIC country .Suck it up

[atlantasbest]

A Goldman Sachs paper published later in December 2005 explained why Mexico and South Korea weren't included in the original BRICs. According to the paper, among the other countries they looked at, only Mexico and South Korea have the potential to rival the BRICs, but they are economies that they decided to exclude initially because they looked at them as already more developed. Don't get it twisted boss...

[mgessler]

@RafaelFernandeSantos

If we're such losers... Why in the world brazilians are BEGGING so hard for a free trade with Mexico?

Why Lula has sent his diplomatic staff every damn week to Mexico for four years by now asking for a free trade agreement?

Your stats are a joke when you cannot look at them in the long therm... Brazil is doing good and feel happy for it, but a drop of water does not fills the ocean...

[RafaelFernandeSantos]

@mgessler Brazil has the 7th greatest industrial sector in the world. To China it sells mostly commodities, but to the EU - Brazil's top 1 partner - it sells mostly autos and planes. The same with the US. Soybeans are the only commodity export Brazil is a top seller of, and it's not highly dependent on it. And Mexico, what Mexico is? Its industrial exports are mainly produced by US multinations installed in the country.

[mgessler]

@jrcelestino

Faire enough.

[RafaelFernandeSantos]

@mgessler Mexico GDP per capita as of 2009, by the bye, is 8130 dollars, that of Brazil is 8220.

[TheUltimatelegend700]

@jrcelestino isnt mexico a part of NAFTA...?

[purocalibre]

Aja y Colombia!! jeje, Felicitaciones a estas naciones que han crecido fuertemente. Estoy obsecionado con CHINA my fovorite country in the world!!!!

[mgessler]

Where is Mexico?

By 2050 it's economy would be around 30% bigger than Russia's -making it to the 5th largest economy- and with an Per Capita Income 25% higher than Brazil's (it is already that way)...

Brazil is -and will be for the next 80 years- a basic resources exporter while Mexico is an industrial, intellectual property and services producer and has the most modern economy of the countries listed here...

Your missing something in your equation.

[atlantasbest]

@mgessler:Due to Mexico's rapidly advancing infrastructure, increasing middle class and rapidly declining poverty rates it is expected to have a higher GDP per capita than all but three European countries by 2050, this new found local wealth also contributes to the nation's economy by creating a large domestic consumer market which in turn creates more jobs.

[atlantasbest]

@atlantasbest :The main reason that Mexico was not initially included into the BRIC thesis was because it was already considered a major economy and a significant global power due mainly to its high oil output and advanced industries.

[atlantasbest]

@mgessler Mexico has become a NIC "Newly Industrialized Nation" It has been lowering its Poverty from %24.4 to a %17.6 in the last 8 years and has been growing its GDP 5% every year. Having much deposits of Oil and also being an producer of ethanol products it could become a big exporter of BioFuels in the future, it is now the biggest automaker, and exporter in North America surpassing the USA and Canada. Infrastructure has been a big player in the fast growing economy at a local level.

[RafaelFernandeSantos]

@atlantasbest Mexico growing 5% a year, what a JOKE. Mexico has barely grown since 82%. Nafta neoliberalism has stagnated its economy. Last year the country FELL almost 7%, one of the lowest numbers for all Latin American and G20 countries. Get real man.

[atlantasbest]

@RafaelFernandeSantos : Get a stats and history book before running your mouth, Mexico's economy actually if anything shrunk during the early 80's into the late 80's. From 1991 to 1994 it grew at 6% percent and it collapsed. From 1995 till today Mexico's economy has made a good recovery from the 1994 debacle, Mexico now has signed 12 new trade agreements with 44 different nations in the World. Lowering Poverty at a very fast pace and an increasing middle class with newly higher wages.

[RafaelFernandeSantos]

@atlantasbest Signing a series of FTAs is no sign of economic health. Mexico's trade balance has been in DEFICIT since AT LEAST 2003, something that was likely provoked by its dozens of FTAs.

Mexican growth during the last 4 years according to IMF:

2006 4.933%

2007 3.341%

2008 1.490%

2009 -6.538%

Average growth: 0.8% - way below the 5% per year growth you had talked about. Um, is making things up a Mexican national sport?

[atlantasbest]

@RafaelFernande:Is your hating attitude your sport? Of course it was at -6.538 and a lot of other countries also did not do any good. It's called and WORLD RECESSION and yes We do export more to the USA but soon we will trade with more countries that have a growing middle class. We now have a total of 12 Free trade agreements and a total of 40 countries to do business with other than the United States. The US economy will recover and so will the Mexican economy, worry about your country!

[RafaelFernandeSantos]

@atlantasbest No, hating attitude is not my sport, but lashing back at those who want to make their country bigger at the expense of mine - yes it is. I have no reason to worry about Brazil right now, forecasts for the next few years are optmistic about the country. They all put growth at 4.5-6% range, which is consistent with our recent growth history and the fact that Brazil was one of the countries that left the world recession the earliest.

[atlantasbest]

@RafaelFernandeSanto:At the end of the day all of our economies do need the US economy and you can tell how the Mexican and Canadian economy did slow down because of the US mortgage debacle but it will once again pick up in the next year or so. Comparing countries is very immature, the two guys that were arguing about who has the biggest economies were only wasting their time, Mexico and Brazil are in amazing recovery and slowly will reduce poverty and both have amazing potential for the future!

[jrcelestino]

@mgessler hahaha, Brazil is the worlds 3th largest aircraft producer, just after Airbus and Boing, and you think we will be for the next 80 years a basic resources exporter? The Brazilian Space Agency has the most advanced space program in Latin America - Where is Mexico on the ISS? We build more cars than Mexico, more helicopters, more computers, and of course, we are not as dependent of the USA like you.

[mgessler]

@jrcelestino

Listing Celestino...

Every single country in this world depends on USA economy (OK, maybe not North Korea)... So your statement is more or less moronic.

Also, it does not matter how much a country built but how much intellectual property can develop... In this matter Mexico is -at least- 20 years ahead of Brazil...

You can, easily, notice that by the "per capita" income which is significantly higher in Mexico than in any other BRIC country.

[jrcelestino]

@mgessler I know that. But i said Mexico's ecomomy is pluged to the USA. Thats bad. Brazilian economie is very mixed. last global crisis you lost more than 6.0% of it's GDP. And you know what? How many illegal mexicans are living in the USA???? of course you have some influence in the States...

[RafaelFernandeSantos]

@mgessler 70% of Mexico exports go to the US. In Brazil's case that's only 11% of exports. There's nothing moronic about saying that Mexico's economy is shamefully dependent on that of the US.

[mgessler]

@jrcelestino

Mexico's "per capita" income is well around 16,000... (Make NO MISTAKE: This income is still way below of it should be)...

Compare that to Brazil's 7,000...

And we're not to mention India's 2,600 nor China's 1,200...

And, of course, you can compare it to Spain's 22,000 or Germany's 36,000...

You may notice that both countries, Brazil and Mexico, have still a LONG LONG WAY TO GO yet...

[jrcelestino]

@mgessler Where? last year Mexico's economy lost more than 6.0% of it's GDP.

So, look on wikepedia for numbers from now, not from the past. Brazil per capita is not 7.000 and Mexicos Percapita is far away to be 16.000 ( You lie )

[mgessler]

@jrcelestino

"Where is Mexico on the ISS? "

Everywhere my friend!!

Mexicans are the second largest minority in NASA's technical and scientists personnel and human resources...

Mexican engineers are also in significant numbers in Apple, EA, Ubisoft, IBM and many others...

Mexico is the second largest provider of SAP certified consultants...

I mean... I can go for hours on this!! but that's not the point.

[jrcelestino]

@mgessler When i say "The Brazilian Space Agency has the most advanced space program in Latin America" i'm saying the true. Mexico is NOT on the ISS: International Space Station. Brazil, USA and Canada are, the rest of the continent, are NOT.

[jrcelestino]

@mgessler Brazilian engineers are also significant numbers in APPLE, MICROSOFT, IBM and many otheres, not ony Mexico ;) And guess what, we not only have a better industry, we have the technology! We build planes with our own technology, we have plants in CHINA, PORTUGAL, USA and BRAZIL. Look for EMBRAER.

[WINNNY22]

FUCK USA

[weedcelso]

FUCK USA

[ffnrr]

BRIC + 3 = Turkey,Mexico and Indonesia

BIG POWER..!

[fixdeluxe1]

Goldman sachs is just a Capitalist Corporate lying bullshit piece of work.

Go BRIC

[89lucaz]

Go Head Bey'

Braziiiil...

lol

[89lucaz]

Go Head bey'

Braziiiiil....

lol

[DigbyWeapon]

I think this is good, it will give the west some competition, which will be good for our economy.

[brazilrealestate]

As far as the lifestyle standards in Brazil ?

I live in the lowest bracket as far standards because I am in the North East Brazil Region...

So, just please Google my name to see the standards...

Martin Gajewski Jr.

Founder of Invest in Brazil with 1200+members ( mostly Americans & Europeans educated businessmen and highly skilled technicians and executives )

[brazilrealestate]

The truth is I am an Offshore Investment Consultant & International Property Broker in North East Brazil and I see people making so much money in real estate its sick !

Here is where you can do your homework at:

Invest in Brazil at Google Groups

Anyone interested in investing in real estate property, purchasing a holiday vacation front beach retirement second home in Brazil can feel free to contact us. We have a very extensive portfolio !

[locoawise]

@brazilrealestate Então és um daqueles especuladores imobiliários responsáveis pelo rápido aumento do custo de vida na região NE? Vcs vendem apartamentos de luxo na praia para europeus que se beneficiam do câmbio, lucram milhões e encarecem o custo de moradia e, como consequência do efeito dominó, o custo de vida em geral, da classe média e dos pobres... Que benefício agentes imobiliários interncaionais trazem ao Brasil? Internacionalização da costa e concentração de renda na região mais pobre.

[brazilrealestate]

China is our (USA) lender now meaning we are in so much that it will be very difficult to get out from under for the next decade or so...

Brazil is growing drastically and in my personal opinion with the correct leadership has the potential to become the world's new leader.

Politics have been notorious for screwing up this country. You people better start doing your homework and being more open minded and not so ignorant.

[brazilrealestate]

2010 Confederation Cup, 2014 World Cup and 2016 Olympics besides the fact that AFIRE ranks Brazil as 2nd best place in the world for property investment

value appreciation and Brazil lending U$D10 Billion to International Monetary Fund Low unemployment rate, good GDP growth.

[brazilrealestate]

My friends, it is time to face reality ! We have lost our status of the leading economy and largest consumer in the world. I am sorry to burst your bubble but this kind of thinking is exactly what got us in trouble to begin with. Being arrogant and ignorant is not going to improve the situation. Most of persons that make those kind of comments do not know the names of Capitals outside of their own state much less can name capitals of other countries etc.

[fourzones]

superpowerindi , stopping talking BS

[MatCracoso]

china will not grow that much, absolutely impossible. india grow that much can only be a joke.... just take a look at the country... i think Brasil can grow a lot more than that.... they have lots of oil(Petrobrás is the most advanced oil company), the amazon forest, in turism they rock, they have bio-fuels and their territory is big, and excellent for planting anything.

[2fengxian]

China will continue growing because they still haven't utilize their resource 1.3 billion population.

[shaonghosh1]

"china will not grow that much, absolutely impossible. india grow that much can only be a joke.... just take a look at the country..."

If by suggesting to take a look at these countries, you are pointing at the wretched poverty they have, then please note that it is the reason behind theirlow per capita GDP. Total GDP, however, is whole different beast. Due to there sheer size they would grow to that size. At least that is the projection, which of course... can be wrong.

[stealthpakfa]

go learn economics before u write ur bullshit

[fattabbycat]

What a shame that you feel you must talk about learning economics while you fail to grasp even the basic elements of spelling, grammar & use of capital letters in the most expressive language available to mankind.

[crysishighestsetting]

my ass that by 2050 chinas economy will be twice as large as usa's i expect it to be bigger but not twice no way in hell india will catch up to usa and hell no mexicos economy will not surpas russias by 2 trillion

[shaonghosh1]

He is talking about total GDP not per capita. Due to their huge population the total GDP can grow to that projected size even though their standard of life will never be as high as ours. The advantage they have over us is their young population. Especially for India. Within the next decade 800 million people in India will reach working age. And with the growing economy, these people are getting employed. Europe for instance, has gone out of their demographic window if I have not mistaken.

[brazilrealestate]

It is true that many importers have practised bad business ethics not paying up thefull amount of the bill or nothing at all and exporters seem to get the quantity, colors and models mixed up very often besides the high defective volume in ration to the quantity sent out but we cannot generalize the entire country.

China has been a provider for the many of cheap labor force or cheaply priced product acquisition and I guess you get what you pay for.............

The coin has two sides.

[SUPERPOWERINDI]

India, Brazil, Russia Rocks. We must be careful with China. They are infamous for back stabbing.

[RedHotGoku]

Wow, dude...  It's not hard to work together.

[redhairjoker]

5:44 - Esse é o Brasil? A previsão é catastrófica então! ahuuaaua

[AlmightyBrazil]

Blanka, Zangief, Dhalsim and Chun-Li finalmente trabalhando juntos!

Não sabe quem são estas pessoas?

joga no google!

[alacrj]

E dá-lhe Blanka!

Brasil!!!

[TONNYMIKLOS]

Dá-lhe Blanka. Go Blanka. Hahahaha.