Elite Promotion Rolls On – Are BRICs The Hope Of The World's Future?

Don't be scared away by BRIC inflation ... Whether it's been ongoing inflation fears and rising interest rates or the extreme volatility in commodity prices, it's been a pretty rough year for these four darlings of the emerging markets. With investors running scared from all things risky these days, it may get even worse in the weeks ahead, but that doesn't mean that all is lost for the investment play that has led the way during most of the post-financial crisis rally. Indeed, it must not be forgotten that these developing nations have a powerful secular growth cycle at their backs and should ballooning inflation peak later this year as many analysts now expect, better performance from the BRICs will soon return. – National Post

Dominant Social Theme: The BRICs are great.

Free-Market Analysis: The power elite and its controlled mainstream media continue to "talk up" the BRICs – Brazil, Russia, India and China. This is a swelling dominant social theme and one that bears watching because the powers-that-be will do anything to continue to prop up the world's central banking economy.

We can see this elite dominant social theme in this article in the National Post, "Canada's source for market intelligence." The article makes the point that the BRICs are fairly troubled economies, but that investors shouldn't be worried about it.

Where have we heard that before? Maybe in the US just before the housing bubble popped. Actually, we hear it ALL the time. "Don't worry, be happy." The powers-that-be badly yearn for pre-Internet days when people weren't as yet, in aggregate, illuminated (and only certain people were).

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