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Other Emerging Markets

One major sin committed by Wall Street (besides creating a financial crisis that put millions out of work and causing untold suffering) is creating not only the illusion of constant growth in emerging markets, but also convincing investors and, sadly, many world leaders, that the asset class is filled with markets that are somehow exactly alike.

As we have seen from the review of the BRIC countries, each of these markets has a common relationship-based structure. This ensures a methodology for analysis. It also creates a framework that guarantees they have several things in common with one or two other countries; however, ...

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