I Love Brazil

Discussion in 'Chit Chat' started by Martin Gale, Jan 31, 2006.

  1. April 9, 2011

    SouthAmerica: Today when I was reading an article published on the Financial Times (UK) “Speculators send Brazil's real soaring to new heights” - I was shaking my head and wondering why they can't grasp in Brazil that China and the United States is playing a different game than Brazil.

    In this game Brazil has become the “Patsy” - as a result of QE1, QE2, and very soon QE3 and so forth where the United States is exporting inflation to Brazil, and the speculators are pushing the real up with the carry trade between the real vs. the US dollar and the yuan.

    The FT article said: “Brazil's currency has surged over the past two weeks, breaking one of market's most important resistance levels, as speculators have seized on an apparent shift in government policy.”


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    In the last 2 years the real appreciated against the US dollar by 45 percent – and now the speculators are going to take Brazil for a ride.

    Today Brazil has become the “Patsy” and Brazil it's in the business of exporting jobs out of Brazil and undermining the foundations of the Brazilian economy.

    This foreign exchange policy of the Brazilian government is creating a major problem for the Brazilian economy, because is increasing the cost of doing business in Brazil and products made in Brazil is becoming very expensive, and they are also putting the tourism industry out of business in Brazil. Brazil is becoming a very expensive place for people from other countries to go for vacation.

    It is an “economic war” and Brazil in retaliation is shooting blanks.

    China and the United States are not going to change their game until the entire house of cards collapse, but in the meantime I wonder what is necessary for the Brazilian government to wake up and start playing in the same game that the US and China are playing.

    Maybe the real exchange rate has to appreciate another 50 percent and Brazil has to export another 200,000 or 300,000 thousand manufacturing jobs out of Brazil, and have a real crisis in the tourism industry in Brazil, and inflation to go back to the levels that most Brazilians would prefer to forget – the level of the old bad days.

    People finally started to grasp that the US economy and financial system is collapsing just like the Soviet Union – and the only reason they did not have a massive meltdown is because of the status of the US dollar as the main global reserve currency.

    Now even George Soros is coming out and saying that the US dollar is no longer the main global reserve currency.


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    Guido Mantega anuncia novas medidas na área cambial. Parte II – April 7, 2011
    http://www.youtube.com/watch?v=yym5Og_ce0s


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    Here is what Guido Mantega next move should be to fight and defend the Brazilian economy on this “Economic” and “Currency War.”

    Finance Minister Guido Mantega should announce ASAP a 40 percent devaluation of the Real, and adopt a fixed rate currency system pegged to a basket of currencies including the US dollar and the Chinese yuan – a program designed to stop the “Hot Money” from going into the Brazilian market to blow all kinds of bubbles in Brazil, and also to get under control the constant currency destabilizing effect that serve as a torpedo to destroy the foundations of the Brazilian economy.

    This strategy is designed to protect Brazilian manufacturers, the tourism industry in Brazil, and to keep the “Hot Money” from blowing more speculative bubbles inside the Brazilian economy.

    There's nothing wrong with this strategy, since the 2 countries with the 2 largest economies in the world are not playing a fair game in the international monetary arena, and Brazil should start playing the game according to their rules.

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    #191     Apr 9, 2011
  2. April 25, 2011

    SouthAmerica:

    Republic vs Democracy
    http://www.youtube.com/watch?v=KFXuGIpsdE0


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    In the case of Brazil, Jose Bonifacio de Andrada e Silva was in favor of a Republic type of government, and he was against Democracy.

    I need to find the quote where he mentioned this subject.

    I read about this subject more than twelve years ago when I was doing research for my book about Jose Bonifacio de Andrada e Silva and Brazilian independence.

    If I remember it correctly his argument against Democracy: he believed that it was a major mistake to give the power of the vote to illiterate and to ignorant people – which made up a very large part of the population in Brazil in the early 1800's.

    By the way, Brazil is a "Republic" and Brazilian law is based on “Roman Law” and the “Napoleonic Code.”

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    #192     Apr 25, 2011
  3. Investing in Brazilian sugar right now = $$

    I'm also thinking about investing in Brazilian communications: World cup in 2014, Olympics in 2016. They have nowhere to go but up.
     
    #193     Apr 25, 2011
  4. compare to U.S.

    http://www.marketwatch.com/Story/story/print?guid=25965F12-6D1A-11E0-8CAB-00212804637C
     
    #194     Apr 25, 2011
  5. April 28, 2011

    SouthAmerica: The Brazilian scientists should research what is going on in Brazil regarding:

    Looming Disaster Unknown to Most
    http://www.youtube.com/watch?v=JzDTLmKMJeI&feature=related


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    Note: Brazil has the largest freshwater supply in the world you can read about it at:

    http://www.brazzil.com/component/content/article/184-october-2007/9983.html

    But on the above video, when they show the map, they show that they are in the process of destroying this very important natural resource of Brazil.

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    #195     Apr 28, 2011
  6. Destroying supplies of freshwater is the stupidest thing a government can do. We city dwellers don't really understand because our water comes from the tap. I've never had water directly from a natural source. But we all have to remember that water that comes from the tap came from somewhere. If Brazil continues to destroy their water supply they are doomed.
     
    #196     Apr 28, 2011
  7. GiantDog

    GiantDog

    Stupid MotherFrackers! :mad:
     
    #197     Apr 28, 2011
  8. May 1, 2011

    SouthAmerica: Excellent speech by President Dilma Rousseff

    Pronunciamento da presidenta Dilma Rousseff em homenagem ao Dia do Trabalho – 1 Maio 2011
    http://www.youtube.com/watch?v=5q_b9yMAOC0


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    #198     May 1, 2011
  9. May 28, 2011

    SouthAmerica: Regarding the subject of farmland in Brazil: the Brazilian government should restrict the foreign ownership of farmland in Brazil.

    http://brazzil.com/component/conten...s-as-protector-of-latin-america.html#comments

    Right now, on Brazzil magazine on the comments section of this article, we have a discussion about why foreigners should not own large pieces of land inside Brazil.

    In my opinion, the United States should have a federal law to restrict foreign ownership of farmland in the United States to avoid the Balkanization inside US territory.

    And the same concept of Balkanization it applies to Brazil...


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    #199     May 28, 2011
  10. Eight

    Eight

    Diversity is Balkanization... I never quite made that connection but it's true.. Los Angeles is very diverse and the various types of people all are clustered in their own neighborhoods...

    So anyhow, while you are restricting foreign ownership you are just widening the borders of Balkanization.. if a country allows foreign ownership they are shrinking the area of each diverse population to something less then the national border... The world is going to be Balkanized no matter what, it's just a matter of the size of each "Balkin State"... The US will have a zillion small fiefdoms each unable to wage war on the government or the people in general and you will have larger territories of homogenous populations with the ability to wage war on their neighbors... Do you think that your idea is good?
     
    #200     May 28, 2011