SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elroy Jetson who wrote (123137)8/8/2009 3:53:22 PM
From: elmatador   of 206254
 
Any oil exporter have always tended to a single export earner. Only Norway created a SWF to spend when the sea run out of oil. All the others live off oil until it dried out.

Oil sector is 5% of Brazil GDP. We want it to become 20% of GDP.

The country has an industrial base. Thus the need for the EXIMBANK ad China. To develop the industry that will support the oil larger share.

Hang on there for a decade more that you will see what I mean.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext