Author: Joe Weisenthal and Vincent Fernando

Vincent Fernando, Writer, The Business Insider

Meet The MAVINS (6 min)

• The Next BRICs: Six Surging Countries You Must Pay Attention To This Decade
• The story of the BRICs
• Australia’s potential GDP in today’s dollars: $1.5 trillion in 2020; $5.8 trillion in 2050
• Australia is “literally building China”
• Nigeria’s potential GDP in today’s dollars: $630 billion in 2020; $3 trillion in 2050
• South Korea left off the BRICs and MAVINS list
• What should investors be looking for?

Produced By: Kamelia Angelova & William Wei

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See Also:

• The Next BRICs: Six Surging Countries You Must Pay Attention To This Decade
• Goldman’s Jim O’Neill: Easy Money And High Oil Prices Make Russia The #1 BRIC For 2010
• The BRICs Will Power A Huge Year For Base Metals

Two recent stories regarding America and its global partners jump out to us:

• In Germany they’re freaking out because all the good manufacturing jobs are coming to America — courtesy of our super-weak dollar.
• And in China, they’re slapping tarrifs on our steel, accusing us of dumping.

That’s right.

The rest of the world now views us the way we, for decades, viewed the rest of the world. We complained about them getting our good manufacturing jobs, and dumping cheap-ass steel onto our shores, undercutting ours.

The world’s so-called reserve currency has weakened to the point that we’re regarded as a pesky third-world country, undermining developed mature economies.

Keep an eye out for this.

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See Also:

• Germans Complain That All The Good Manufacturing Jobs Are Going To America
• The US-China Trade War Is Here
• Rosenberg: The Manufacturing Collapse Has Resumed

Why were shoppers wrestling with each other on the floor or Wal-Mart for a cheap price on a new videogame?

Really, why do they put up with such horridness?

The answer: Americans are broke.

As a survey from the National Retail Federation revealed, more Americans than ever intended to brave the Black Friday mess, and they intended to spend far less than in recent years.

More people and more demand for bargains gets you total chaos.

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See Also:

• Amazing Footage Of Black Friday Chaos Inside Wal-Mart (WMT)