This Age of Bubbles

So, another BRIC hits the wall. Actually, Iâ??ve never much liked the whole â??BRICâ? â?? Brazil, Russia, India, and China â?? concept: Russia, which is basically a petro-economy, doesnâ??t belong there at all, and there are large differences among the other three. Still, itâ??s hard to deny that India, Brazil, and a number of other countries are now experiencing similar problems. And those shared problems define the economic crisis du jour.