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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (6278)1/27/2004 3:02:14 PM
From: yard_man  Read Replies (2) of 110194
 
I think that article is misleading, russ. Relatively speaking -- energy costs down there are very low -- that's the reason they go down there in the first place.

It is one of two things -- 1) a way to pressure Brazil -- to get still lower prices for energy -- or 2) cover for the fact they are not now projecting demand that requires the plant.

I tend to think the former ...
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