How can you compare Brasil with China/ East Asia? Brasil is only known for soccer, sex tourism and favelas. http://www.bloomberg.com/news/2012-...lands-and-u-s-as-best-place-for-business.html The World Bank ranks Singapore and Hong Kong top in its gauge focused on the ease of doing business. The Washington- based Heritage Foundation has named Hong Kong the worldâs freest economy for 18 successive years. Brazil came bottom of the top 50 with 35.5 percent, undershooting India at 35.9 percent and Russia at 36.1 percent.
November 28, 2012 SouthAmerica: Reply to Grandluxe You wrote on your bio on ET that you live in nowhere land - Wallis and Futuna is a French island collectivity in the South Pacific in nowhere land â Its land area is 264 km2 with a population of about 15,000 people and a GDP of about US$ 150 million dollars. The territory's economy is limited to traditional subsistence agriculture, with about 80% of the labor force earning its livelihood from agriculture (coconuts and vegetables), livestock (mostly pigs), and fishing. About 4% of the population is employed in government. What do you do for a living on this volcanic island with a very little natural fresh water resources? What are your options in nowhere land? - be a coconut man, a pig man, or a fisherman... Your posting shows that you don't have a clue about what is happening in the Brazilian economy, and you give as examples Singapore and Hong Kong to compare with Brazil â are you kidding? The city of Sao Paulo, in Brazil have boroughs bigger than Singapore and Hong Kong combined. Brazil's GDP per capita in 2011 was about US$ 11,800 (2011 est.) China's GDP per capita in 2011 was about US$ 8,400 (2011 est.) That means that the GDP per capita in Brazil is 40 percent higher than the GDP per capita in China. And in the coming years Brazil is in a position to grow their GDP per capita faster than China. *** Singapore has a population of 5.3 million people and GDP of US$ 256 billion dollars. (2011 est.) Hong Hong has a population of 7.2 million people and GDP of US$ 240 billion dollars. (2011 est.) Sweden has a population of 9.1 million people and GDP of US$ 536 billion dollars. (2011 est.) Norway has a population of 4.7 million people and GDP of US$ 478 billion dollars. (2011 est.) Grandluxe, you can't compare the economy of these very small countries with the economy of countries such as China, Brazil, India and Russia, because it does not mean anything. You are comparing apples and oranges â it is easier to manage and perform with a very small unit like the countries that you mentioned than to manage and perform with these massive countries and large populations. BRIC: Brazil: total area: 8,514,877 sq km population: 200 million people Russia: total area: 17,098,242 sq km population: 143 million people India: total area: 3,287,263 sq km population: 1.2 billion people China: total area: 9,596,961 sq km population: 1.4 billion people .
1. the overseas network is interesting, but the real reason for their power is the peg and the purchase of U.S bankers. 2. I see you were on the peg a year or so earlier than I gave you credit. Probably 5 to 7 years after me... but earlier than many.
. November 29, 2012 SouthAmerica: I just posted the following at Brazzil magazine in response to a question from one of the members of Brazzil magazine had about this thread about "Marxian Economics". Ricardo: Joao, you asked me: "Do you think it is because of the post war2 witch hunting by great American heroes like Edgar Hoover, Joe McCarthy, etc;?" No, that was not the reason why Americans were so scared of "Marxian Economics". An attempted coup d'etat censored out of our history books, courtesy of corporate America, but not supported by the military, and in a nation that was suffering from the ravages of the Great Depression, many Americans were beginning to lose their faith in American institutions -- as evidenced by the growth of American Nazi and Communist movements during the 1930s. If Smedley Darlington Butler, retired U.S. Marine Corps Major General had gone along with the attempted coup d'etat in 1934 then the United States probably would have been an ally of Hitler and Mussolini during World War II. The Communist movement in the United States during the 1930's â I guess â was the reason behind why Americans were so scared of "Marxian Economics". By that time Americans associated "Marxian Economics" with the Russian revolution and communism. But if you had the opportunity to watch at least Session 1 of Richard Wolff's seminar - "Intro to Marxian Economics" and also the âThe Call for a New Capitalism with Professor Richard D. Wolff at BSEC â Part 1 and 2â - then you would know that "Marxian Economics" was a critique of the capitalist economics literature of Karl Marx time. Americans like to rewrite and sanitize history to delete parts of history that they want people to forget or to making things better in the past than they really were. ***** The Fascist Plot to Overthrow FDR <iframe width="420" height="315" src="http://www.youtube.com/embed/hTdx6vEUtIA" frameborder="0" allowfullscreen></iframe> In 1933, Retired Marine Corps Major General Smedley Butler was approached by wealthy industrialists and bankers who were plotting to create a fascist veterans' organization called the "American Liberty League" and use it in a coup d'état to overthrow United States President Franklin D. Roosevelt, with Butler as leader of that organization. In 1934 Butler testified to the McCormack--Dickstein Congressional committee on these claims. In the opinion of the committee, these allegations were credible. One of the purported plotters, Gerald MacGuire, vehemently denied any such plot. In their report, the Congressional committee stated that it was able to confirm Butler's statements other than the proposal from MacGuire which it considered more or less confirmed by MacGuire's European reports. No one was prosecuted. Marine Corps Maj.-Gen. Smedley Butler was approached by a wealthy and secretive group of industrialists and bankers, including Prescott Bush the current President's grandfather, who asked him to command a 500,000 strong rogue army of veterans that would help stage a coup to topple then President Franklin Delano Roosevelt. In 1936, William Dodd, the U.S. Ambassador to Germany, wrote a letter to President Roosevelt in which he stated, "A clique of U.S. industrialists is hell-bent to bring a fascist state to supplant our democratic government and is working closely with the fascist regime in Germany and Italy. I have had plenty of opportunity in my post in Berlin to witness how close some of our American ruling families are to the Nazi regime.... A prominent executive of one of the largest corporations, told me point blank that he would be ready to take definite action to bring fascism into America if President Roosevelt continued his progressive policies. Certain American industrialists had a great deal to do with bringing fascist regimes into being in both Germany and Italy. They extended aid to help Fascism occupy the seat of power, and they are helping to keep it there. Propagandists for fascist groups try to dismiss the fascist scare. We should be aware of the symptoms. When industrialists ignore laws designed for social and economic progress they will seek recourse to a fascist state when the institutions of our government compel them to comply with the provisions." The proven record of Prescott Bush's involvement in financing the Nazi war machine dovetails with the fact that he was part of a criminal cabal that actively sought to impose a fascist coup in America. President George Walker Bush's grandfather (Prescott Bush) and great grandfather (George Herbert Walker) were among Wall Street's ultra-right wing elite. Before WWII, they were among the key players who coordinated the flow of investments from American multimillionaires into Germany. They profited by helping to coordinate the American financing behind Hitler's rise to power. During the war, they even profited from companies that armed the Nazi war machine and used slave labour at Auschwitz. Then, after the war, Prescott Bush was instrumental in helping to launder Nazi loot for Fritz Thyssen, who was one Hitler's earliest and richest industrialist backers. ***** An American Coup d'Ãtat? http://whatreallyhappened.com/WRHARTICLES/coup.html?q=coup.html ...A curious footnote to American history suggests that, except for the personal integrity of a remarkable American general, a coup d'état intended to remove President Franklin D. Roosevelt from office in 1934 might have plunged America into civil war. ...Butler is best remembered today for his oft-quoted statement in the socialist newspaper Common Sense in 1935: I helped make Mexico and especially Tampico safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefit of Wall Street. The record of racketeering is long. I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-12. I brought light to the Dominican Republic for American sugar interests in 1916. I helped make Honduras "right" for American fruit companies in 1903. In China in 1927 I helped see to it that Standard Oil went its way unmolested.... Looking back on it, I felt I might have given Al Capone a few hints. The best he could do was to operate his racket in three city districts. We Marines operated on three continents. In War Is A Racket, Butler argued for a powerful navy, but one prohibited from traveling more than 200 miles from the U.S. coastline. Military aircraft could travel no more than 500 miles from the U.S. coast, and the army would be prohibited from leaving the United States. Butler also proposed that all workers in defense industries, from the lowest laborer to the highest executive, be limited to "$30 a month, the same wage as the lads in the trenches get." He also proposed that a declaration of war should be passed by a plebiscite in which only those subject to conscription would be eligible to vote. ...Butler testified that bond trader Gerald MacGuire had approached him in the summer of 1933. MacGuire claimed to represent wealthy Wall Street broker Grayson Murphy, Singer sewing machine heir Robert Sterling Clark, and other unnamed men of wealth. They asked Butler to speak publicly on behalf of the gold standard, recently abandoned by President Roosevelt. MacGuire's rationale for why Butler should ally himself with the gold standard cause was that the veterans of World War I were due a bonus in 1945. As MacGuire told Butler, "We want to see the soldiers' bonus paid in gold. We do not want the soldier to have rubber money or paper money." It appears that the plotters underestimated Butler's intelligence and character. When this explanation failed to persuade Butler, MacGuire and Clark offered him money, abandoning any pretense of civic-mindness. Butler's sense of honor prevented him from speaking in favor of any policy for mercenary reasons. ...But in a nation that was suffering from the ravages of the Great Depression, another model exists for what might have happened: the Spanish Civil War. The divisions over religion in America were not as dramatic as those that ripped apart Spanish society. But many Americans were beginning to lose their faith in American institutions -- as evidenced by the growth of American Nazi and Communist movements during the 1930s. It is frightening to think of what might have happened if a general as capable as Butler had become the man on a white horse. .