The BRICS...LOL...you're joking aren't you?
South Africa's a failed state, Russia's embroiled in a losing war, with a worthless currency and extortionate interest rates, and Brazil....debt, tax deficits, poverty and 0% growth.
That leaves India and China......India...poor infrastructure, massive unemployment and lots of private debt...China....property crash, terrible central planning, capital outflows and unsustainable debts.
If I lived there even I might consider buying a chunk of gold.
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