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‘Davos Man’ finds BRICs of little help in crisis

The subprime crisis is containable. Asia has decoupled from the West. Europe's banks are sound. Japan is a haven from turmoil. The worst is over. To the list of faulty bits of conventional wisdom, add that the BRICs will save the world. Actually, far from being immune from the world's troubles, the BRICs - Brazil, Russia, India ...

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