Brazil, Russia, India and China (BRIC), represented by BKF, has grossly underperformed the US for years. Despite all of the underperformance, fuck faces still tout “emerging markets” as something worthwhile. I beg to differ.
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(satire) I mean, sure China’s economy is completely depend on exporting to Europe, but look at that GROWTH.
They don’t need that 30% of their gross trade, they’re communist. They can mandate growth…(/satire)
Europe? Nobody buys stuff, trashes it, then buys it again like Americans (the best consumers in the world)!
Europe trades more with China than we do.