Brazil economic bubble...burst

Discussion in 'Economics' started by Doji7, Oct 25, 2008.

  1. Doji7


    Brazil economic bubble burst......


    Currency lost 50% value
    Bovespa stock index lost 60%
    Brazil bonds sink..
    Brazil credit risk soars to incredible levels
  2. TGregg


    What? I thought <A href="">all the smart money was invested there</a>. LOL.
  3. clacy


    Where o' where is southamerica?
  4. Doji7


    Southamerica lost his shirt,
    when Brazil debt sink to junk status....
  5. TGregg


    But wait, the charts show a skyrocket:

    <IMG SRC=>

    Oh wait. . . . that's dollars to reals. My bad. :D
  6. Doji7


    what about brazil economic miracle....:D
  7. Illum


    They have been talking smack at Davos. We shall see
  8. I've been to Brazil, truthfully I've never met a group of less uneducated people in my life. I have been all throughout s. american and can say that Brazil stands out as being the absolutely most uneducated and lazy people. In every country it seems like people know a bit of english. In brazil no one knows any english, and for that matter they don't even know an ounce of spanish, which is practically identical to portuguese.

    However fwiw, I also can say that I thought they were very friendly and pleasant people. I had a great time.

    Also what is a myth is that the women in Brazil are hot, completely false. This couldn't be further from the truth, Brazilians are the most overweight in all of south america. Of course not a large as americans, but what's weird is the men love to show off their huge bellys. You'll see guys all day long in speedos carrying 300 pounds of lard walking shamelessly on public beaches. It's incredible

    If you want to know where the best women are in s. america, it's Argentina. It's also the best place in the world.
  10. Less uneducated? George Bush, is that you? I'll give you a minute to think about that one. Maybe English isn't your first language.

    They don't speak any English or Spanish? In BRAZIL? I get it. You're trying to be funny. Right?
    #10     Feb 1, 2009