Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Elroy Jetson who wrote (79251)	5/21/2008 1:05:08 AM
From: John Pitera	Read Replies (6) of 116555

These Govt officials from Brazil have a very neglegible commitment to capital markets. They just managed to get into to top strata of Investment grading for their Govt Debt and then they are trying to counterbalance our faith in this soverign debt upgrade with vague references of nationalizing other industries. After all the Government has completed defaulted on 3 seperate currecies in the past century....... what the hell are they doing down their in Brazil........ and now i have to take this bad news to Patrick and the others who were talking up a few Brazilian stocks. John

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