Comments on: Guest post: BRICS or CRIBS? – Meeting in Moscow to coordinate policy http://www.nakedcapitalism.com/2009/06/brics-or-cribs-meeting-in-moscow-to.html Mon, 23 Nov 2009 05:40:52 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: robotsoul http://www.nakedcapitalism.com/2009/06/brics-or-cribs-meeting-in-moscow-to.html#comment-49201 robotsoul Thu, 18 Jun 2009 16:17:56 +0000 http://www.nakedcapitalism.com/2009/06/guest-post-brics-or-cribs-%e2%80%93-meeting-in-moscow-to-coordinate-policy/#comment-49201 The BRIC countries have decided to continue to use the dollar as supranational reserve currency but plan to diversify in the future see here form more: http://www.newsy.com/videos/making_cents_of_bric<br />I agree that the SDR contribution is largely symbolic but that is only in the short term. The economic downturn has increased the importance of emerging economies. SDR contributions will bolster arguments that these nations deserve a greater voice in the economic conversation. The BRIC countries are making good use of this opportunity to leverage power. The BRIC countries have decided to continue to use the dollar as supranational reserve currency but plan to diversify in the future see here form more: http://www.newsy.com/videos/making_cents_of_bric
I agree that the SDR contribution is largely symbolic but that is only in the short term. The economic downturn has increased the importance of emerging economies. SDR contributions will bolster arguments that these nations deserve a greater voice in the economic conversation. The BRIC countries are making good use of this opportunity to leverage power.

]]> By: Licio http://www.nakedcapitalism.com/2009/06/brics-or-cribs-meeting-in-moscow-to.html#comment-49092 Licio Tue, 16 Jun 2009 17:48:49 +0000 http://www.nakedcapitalism.com/2009/06/guest-post-brics-or-cribs-%e2%80%93-meeting-in-moscow-to-coordinate-policy/#comment-49092 Let´s wait another 10 years and see, people say G7,never heard of it. Let´s wait another 10 years and see, people say G7,never heard of it.

]]> By: sudhi http://www.nakedcapitalism.com/2009/06/brics-or-cribs-meeting-in-moscow-to.html#comment-48914 sudhi Sat, 13 Jun 2009 18:14:02 +0000 http://www.nakedcapitalism.com/2009/06/guest-post-brics-or-cribs-%e2%80%93-meeting-in-moscow-to-coordinate-policy/#comment-48914 "Together the BRICs account for a little more than 12% of the world’s GDP"<br /><br />Most idiotic statement. Valuating everything by hugely inflated dollar is absurd. In purchasing parity terms BRIC's share in GDP is much higher. Hope u get the point. Don't write stuff that you don't fully understand "Together the BRICs account for a little more than 12% of the world’s GDP"

Most idiotic statement. Valuating everything by hugely inflated dollar is absurd. In purchasing parity terms BRIC's share in GDP is much higher. Hope u get the point. Don't write stuff that you don't fully understand

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