"Every few decades, a seismic shift occurs in the world economy that has far-reaching implications . . . therise of the four largest emerging economies, the Brics - Brazil, Russia, India and China - could be this kind of transforming event over the next few decades." Goldman Sachs research report.

During the miraculous bull market of 1982-99, Americans' best investment strategy boiled down to a simple formula: buy American, and go away. For the next two decades, repeating this formula will have substantially negative consequences.