BRIC Consumption will Lead Global Economic Recovery

Brics will lead economic recovery

The days of the American consumer leading the global economy are over, and the BRICs will lead the way going forward, and will lead the way out of the global recession.

Because of the growing middle classes in Brazil, Russia, India and China, they will lead the global consumption for many years into the future, and add the continuing strengthening in their currencies against the U.S. dollar and you can see how they'll account for close to half of the overall consumption in the world in 2010.

And with the foolishness of American regulators and the Federal Reserve refusing to stop their extraordinary and massive bailouts of banks and other industries, the U.S. dollar will continue to fall in strength for a long time to come.

When inflation comes about from the terrible policies of Ben Bernanke and his ilk, we'll see another uprising by the American people who don't quite understand the impact of what printing that much money will do to the greenback.

BRIC countries will be the beneficiaries of these policies, and will continue to strengthen their economies in comparison to the U.S. economy.

Brics will lead economic recovery