Finance, Forex and Investments

China, India and Brazil economies doing better than rest right now..any1 know why?

What do these economies have in common or what have they done different in last several years to put their people in a better vantage point???

Public Comments

1. they don't like bush and on purpose wont use any idea he or his cronies have.
2. They're not doing better, they're growing faster. Very different. It's not because they have better economies, it's because they're at the bottom and can grow quickly. They have a long way to go before any of them have the standard of living equal to Europe, much less Japan or the US. (The current liberal economic buzzword is "bric": Brazil, Russia, India, China. You've just fallen victim. Never forget that the second largest economy in the world is 1/2 the size of the United States of America. We're #1 for a reason: capitalism + freedom, baby. Europe and Japan are similar in their success because they're similar in capitalism and freedoms.) US per capita income: $45,800 Russia per capita income: $14,800 Brazil per capita income: $9,500 China per capita income: $5,400 India per capita income: $2,600 The US ranks in the top 10 in the world for per capita income. All European countries rank in the top 50 above $25,000, most above $30,000, as does Japan. The best economies in the world, besides the US, are countries with unusual concentrations of wealth (like Luxembourg--banking, the Bahamas--tourism, and Kuwait--oil). There are only two DIVERSE economies in the world that rank higher than the US: Malta and Norway. (The liberal "BRIC" theory of economics is complete idiocy, just another example that liberals have deteriorating brain activity and should not be trusted with responsibilities beyond plant farming.)
3. India and China have industrialized thier economies. And all make products that stock shelves in America waiting for buyers.
4. they got to be doing "better" for a century to barely lift their population from abject poverty, in all countries you have mentioned, especially in india, a country where democracy has produced the largest number of beggars on planet earth
5. When you're at the bottom, there is no where to go but up. Just because their economies are growing does not mean that they are doing better. There economies are heavily dependent on the more developed nations purchasing their goods and services.
6. Actually they aren't currently. China and India are seeing massive factory closures and China's government has pushed forward a 4 trillion yuan ($586 billion) bailout ; Brazil is suffering from falling agricultural product prices (aka mostly soy beans). Now to business. You said that their economies were generally in better shape which is correct. China has $180-$200 billion trade surplus; though India runs a trade deficit of $30 billion, it's manufacturing sector can possibly surpass China's soon and Brazil has been reaping larger profits on agricultural products after seeing the massive commodity boom from 2002-2007 (It ended a while ago after peaking on march). China has $1 trillion in US foreign reserves and Brazil has roughly $100 billion-$110 billion (figure I saw from CNN was $105 billion and that was an outdated figure). These governments had one thing in common: Foreign relationships in return for economic benefits - exactly what Switzerland has been doing for the last 3 centuries which has made it reap huge trade surpluses for years considering it's puny size unlike the US govt who doesn't know a crap about diplomacy and starts random wars (I'm not talking about JUST Bush. Others before him were equally as bad. You have H.W. Bush who was responsible for going into the pointless gulf war and others before him who were stupid enough to go into Vietnam and Korea. Even Clinton was stupid enough to bomb a aspirin factory in Sudan that he thought was a "weapons" factory). To Liberal Asskicker: Though I hate hard core rightists, you have made a really good point. Yes, the definition for developing economies is an economy which is at the bottom and is growing fast as a result of being at the bottom. But, you should know that the US economy has generally been made up of messed up policies to maintain prosperity and BRIC has made excellent economic process as well as implementing reasonable regulation at the same time. Deregulation is what is putting the world into the mess we have today.
7. Liberal Ass kicker is a fucking idiot please don't listen to him. "their economies arent growing more, just faster".... ok??? The people of china don't make 5,000 dollars a year, if you buy into his shit you are as dumb as he. Their economies are doing better for many reasons, for instance Brazil 30 years ago started investing in alternative fuel sources, they are no longer dependent on foreign oil, and China exports way more than it imports.... we are the exact opposite, we import everything and export nothing. Make no mistake about it, its not a "liberal media" thing... China's economy is killing ours right now, and they arent a capitalist system like we are.... I suppose the liberal media is just making up this whole thing with wall street crashing right?