Is the bigger New China, India, Russia bric economies collaspe or downturn

Discussion in 'Economics' started by mahram, Jan 13, 2009.

  1. Ok so were confident obama will spend whatever it takes to bring us out of depression, but now with china recent trade data, and the rest of the world going into a recession, what are we going todo. Russia is spending alot of its foreign currency to bailout its ogliarches, china is spending trillions of yaun to bailout their economy, and almost every bric country is the same. So what can we do if these countries get into deep trouble and need a bailout. Do we have the cash and political capital to bailout russia if worst comes to worst.
  2. talknet