kerryvan:

Walker's World: Are the BRICs crumbling?

I personally wouldn't invest in China.  There are too many bad things going down.  But I consider investing in "global growth" as different from investing in emerging economies.  In GG, you're betting on basic things like infrastructure.  Buying those companies that supply the iron ore and metallurgical coal that China and India need for their steel industry.  And the oil and thermal coal they need for their energy needs.  And products like fertilizer to make their crops more productive.  Those are basic things.

But investing in Chinese banks or corporations?  No way Jose.  Not in India either.  That place is a mess.  And Brazil is best for the fact that it PRODUCES the raw materials that China and India need.  Not necessarily that it and of itself is worth investing in.