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OP
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Heard this on the radio this morning. Can anyone guess which countries these include?
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Carpal Tunnel
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Carpal Tunnel
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Belgium, Romania, Ireland, Montenegro, and Korea?
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Montenegro??
BRICK countries...all caps...probably an acronym...dang: all I can think of is that the I might stand for industrialized.
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Brazil, Russia, India, China and South Korea
TEd
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OP
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Full marks - those are the ones. I'm not sure how useful this grouping is economically or politically speaking, but it a good acronym. I'm sure it works magic if you squeeze it into a conversation; you come off as a trendy political analyst.
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> trendy political analyst
'specially if you work it into a phrase about "another BRICK in the Wall St cartel..."
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Thre are several mutual funds specializing in the stocks of companies in those five countries. I am not among them, for two reasons:
first, energy costs are going to squeeze everyone to the bone in the next few years and corporate profits are all going to go the way of the dinosaurs for the foreseeable future.
second, if I were to invest I would invest at home because investing overseas serves only to make the US a weaker country.
TEd
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Quote:
Montenegro??
BRICK countries...all caps...probably an acronym...dang: all I can think of is that the I might stand for industrialized.
Crna Gora. It's Montenegrin for Black Mountain.
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I've seen a variant of this, without the K at the end: Brazil, Russia, India and China. I wonder why South Korea would get dropped out of it sometimes...
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Maybe it sounds too goofy to make it 'BRICRoK'.
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Quote:
Maybe it sounds too goofy to make it 'BRICRoK'.
Don't you mean FRoBRFRoIPRoCRoK?
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Yes but Ireland is probably the only other one that needs such a distinction. That would sound a bit goofier if it were utterable*. *Balked at by spell-check
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I agree that Brazil and India are not ambiguous. I wonder whether the parts of Russia that weren't in the SSR of Russia feel about it - the announcers said Russian Federation during the Olymics quite a bit. Taiwan still thinks it's the Republic of China, so I think the PRoC is probably called for.
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corporate profits are all going to go the way of the dinosaurs for the foreseeable future. If things were that simple, there would be more Warren Buffets around. Or what is the limiting date of your foreseeable future?
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Ghuy'cha'! Ireland was not in the set anyway! Of course both Chinas need to be considered. Looking at the bogus Faldage answer was where one of us went wrong. Campy, pompous posters* need to pay attention better! The Soviets are all fragmented now so the (goofy sounding) answer should be BRIPRoCRoK. *Use curtailed to minimize Jackie wincing
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stranger
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The move is part of the company's continued focus on emerging markets, notably five nations it dubs the BRICK countries -- Brazil, Russia, India, China, and South Korea. Of the annual estimated $1 billion IBM is investing in the BRICK countries in terms of initiatives with partners and developers, investment in Russia is in the "multimillions" of dollars, according to Mark Hanny, vice president of independent software vendor (ISV) alliances at IBM. found using google. Other entires referred to this thread! http://www.infoworld.com/article/06/02/03/75054_HNibmrussiandev_1.html?BUSINESS
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And then there's Chindia.
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