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The Economic Health of BRICS – Part 3/7
In China, where do you think most or all of the money from those 30% to 60% down payments mentioned in Part 2 go? For a first-time property sale, the government owned banks loan the money to private...
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The Economic Health of BRICS – Part 4/7
Because of the structure of China’s land ownership and banking system, the risk of losing money is much less than in the West and when the government resells property that lost value the first or...
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The Economic Health of BRICS – Part 5/7
It may be no secret that China’s economic health will have an impact on the rest of the BRICS countries in addition to America and Europe. India and China need the resources of Brazil, Russia and South...
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The Economic Health of BRICS – Part 6/7
When you read something disparaging or criticizing another individual or a country such as China or one of its BRICS partners, you may see something like the question Troy Parfitt recently asked in a...
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The Economic Health of BRICS – Part 7/7
The CIA Factbook [where I found the data used in this post] says China’s GDP [Purchasing Power Parity or PPP] was more than $10 trillion and its real GDP growth rate was 10.3% in 2010, foreign exchange...
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