BRICs stands for Brazil, Russia, India, and China; which are the four new emerging superpowers of the globe. Much of global demand is anticipated to shift to these countries; based on numerous factors; one being that the growth has topped previous periods by an exponential rate.
Will these BRIC countries be the shining victor to save the global economy? Read this bloomberg.com article; and let me know what you think:
http://www.bloomberg.com/news/2011-08-31/brics-no-cure-for-global-economy-this-time-as-avon-to-siemens-shares-sink.html
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