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

GLD 375.93

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Nov 14 4:00 PM EST

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To: THE ANT who wrote (65020)	8/10/2010 2:32:39 PM
From: elmatador	Read Replies (1) of 217791

The case foir the frozen chicken Nations develop their economies by moving up the value chain, away from churning out commodities and towards manufacturing, say the textbooks. Brazil has abundant natural resources, so the key to prosperity is to start making stuff, right? Wrong, he says, because of the "China effect". China mass manufactures at rock-bottom prices, with the consequence that over the past two decades the cost of manufactured goods has fallen fast, while demand has pushed up the cost of the commodities used to make the goods. This leads Camara to his slogan: "Brazil – the natural knowledge economy". He describes this as applying knowledge and technology to commodities to boost their value, and reels off examples: biofuels, in which Brazil leads thanks to its sugar cane ethanol and growing biodiesel production; renewable energy – 47% of the country's energy is already green, a world record; and climate change – Brazil's Amazon is vital to the planet's health. guardian.co.uk

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