Tag Archives: Sherlock Holmes And The Case Of The Tapered Brics

John Ward – Sherlock Holmes And The Case Of The Tapered Brics – 31 January 2014

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It’s not that hard to smash a Bric. All you need is the firm application of a taper to its surface. Whether the steps now being taken by central bricbankers will steady the crumbling Yellow Bric Road is doubtful; but either way, one fact is now shatteringly obvious: their main trump card of higher growth versus the Rich List has been played and burned. Effectively, the emerging markets are now in the same boat (albeit for different reasons) as China. And that in turn can only add to the inexorable data shouting “Global slump”. Continue reading