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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 379.87

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Nov 11 4:00 PM EST

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To: Gib Bogle who wrote (36307)	6/30/2008 11:13:48 AM
From: elmatador	of 217707

To North Americans and Europeans, Brazil is a carefree land of beaches, bikinis and relaxed pleasure, where nothing is done today if it can be left for tomorrow. The image does not apply to Brazil's new breed of corporate champions. In 2006 CVRD (now Vale) won the gruelling takeover war for Canadian nickel miner Inco. Embraer is clipping the wings of Bombardier in the regional jet dogfight. And the Brazilians at InBev are turning the global beer market into their private vat. A former InBev executive I know says the Brazilians use "military culture" to run the place. The Brazilians are making the most of an industry that is far less glamorous than the drink-beer-get-lucky ads imply. theglobeandmail.com

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