The Brazil Board Message Board

STOCKTALK

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.

Non-Tech : The Brazil Board

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: aknahow who wrote (1565)	4/25/2016 2:49:14 AM
From: elmatador	Read Replies (1) of 2508

Brazil has turned the curve! Why? you may ask, the bad news now is a bike accident that 2 persons died and is being used as a proof the Brazil is going down. For two years running, Latin America’s largest nation has been convulsed by nothing but miserable news. Its economy is in tatters, the president may be forced out of office and a rolling corruption scandal has shattered the reputations of moguls and political legends. http://www.post-gazette.com/opinion/Op-Ed/2016/04/25/An-ominous-collapse-in-Rio/stories/201604250022 Let me explain. When something is really wrong: macroeconomics, Petrobras scandal the bad news are supported by facts that journalists dig. After 4 years, journalists ran out of bad facts to publish. This is the point when the country turn the curve and is on the way up. The political imbroglio is out of the air for the moment as the political process moves on. USD is not getting stronger. With low BRL exports are kicking real good. Commodities have bottomed Now the bad news are even if a cat fell from a lamp pole because the firefighters did not arrive on time.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next