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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%4:00 PM EST

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To: Haim R. Branisteanu who wrote (43495)12/5/2008 3:29:38 PM
From: elmatador  Read Replies (1) of 217755
 
Haim, Brazil's problem was inflation. It was not fighting crisis or defend the economy like the rest of the world.

Inflation is becoming now tamed. Then we can play the script. Lower interest rates to keep the economy going.

Brazilian Inflation Unexpectedly Slows in November
bloomberg.com

The US imported 17%, exported 12% of its GDP.

Brazil imported 13.8%, exported 12.1% of its GDP.

Let trade collapse! Brazil is a closed economy.
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