BRICs Reel Under Rising Inflation
Jun 26th, 2008 | By Mike Burnick | Category: Emerging MarketsEditor’s Note: “Don’t look now… but the BRICs are falling,” says The Sovereign Soceity’s global investment expert Mike Burnick.
Editor’s Note: “Don’t look now… but the BRICs are falling,” says The Sovereign Soceity’s global investment expert Mike Burnick.
Over the past 5 years the welcoming policies towards unknown “foreign” buyers into the Indian stock markets has created a fake bull market in the Indian stock exchanges. The P-Notes or participatory notes were even recognised to be fake by the creators of these instruments: they are called “synthetics”.