They're actually talking about "taking the val of the BRICS" as it's not growing.
Had call center mgr saying 1/2 biz went to Manila as "we thought we knew better then the customer but customer knew so they went to Manila". Then because he was telling the truth and breaking the I got dot on head I know better then one rule his head exploded ending the interview.
Everyone keeps asking is this just a pause? No it's the start of new trends away from sending stuff to emerging mkts. As the growth con fades the social unrest will heat up big time esp in the land of the long log hanging stink. In the end the Maoist will take over and tie up with crapia when they no longer can have the west pay for their development plan. Decades from now peps will be asking why did they let our enemies steal from us?