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G7 vs. BRICs

| Wednesday April 20th, 2005 | 0 Comments

brics.jpgBRICs – An acronym for “Brazil, Russia, India and China” refers to the emerging combination of economic power weilded by those four nations. An outstanding analysis on Z+Partners weblog sheds some light on the growing influence of this bloc of nations, the rise of potential conlicts with the G7 group, and various environmental scenerios. A key quote:

Perhaps the prospect of a massively destabilizing and massively expensive competition for oil with the BRICs will be the tipping point the finally pushes the U.S. toward a true green energy revolution.


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