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Reply #2: If you think China is growing, look at South America [View All]

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GETPLANING Donating Member (370 posts) Send PM | Profile | Ignore Tue Jan-11-11 10:58 AM
Response to Original message
2. If you think China is growing, look at South America
Edited on Tue Jan-11-11 10:59 AM by GETPLANING
Argentina, Brazil, Chile, Peru, and a few Central American countries, especially Colombia and Venezuela (yes, THAT Venezuela) are the fastest growing economies in the world. Brazil has had to take steps to cool the growth, using tax policy rather than monetary policy. The benefits have gone directly to the citizens rather than the bankers. Check out the charts for the national stock exchanges.

http://www.bloomberg.com/apps/quote?ticker=MERVAL:IND
http://www.bloomberg.com/apps/quote?ticker=IBOV:IND
http://www.bloomberg.com/apps/quote?ticker=IPSA:IND
http://www.bloomberg.com/apps/quote?ticker=IGBVL:IND
http://www.bloomberg.com/apps/quote?ticker=IBVC:IND
http://www.bloomberg.com/apps/quote?ticker=COLCAP:IND

In contrast, China, Asia, and India are a bit flatter--

http://www.bloomberg.com/apps/quote?ticker=HSI:IND
http://www.bloomberg.com/apps/quote?ticker=SHSZ300:IND
http://www.bloomberg.com/apps/quote?ticker=TWSE:IND
http://www.bloomberg.com/apps/quote?ticker=FSSTI:IND
http://www.bloomberg.com/apps/quote?ticker=SENSEX:IND
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