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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 380.060.0%4:00 PM EST

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To: THE ANT who wrote (65648)10/15/2010 5:23:25 AM
From: elmatador   of 218012
 
Is Brazil battle ready for currency war? "key emerging economies will need to further develop domestic sources of growth, with the support of greater exchange rate flexibility."

imf.org

We are key emerging markets and we have already "domestic sources of growth, with the support of greater exchange rate fflexibility"

Export dependency? Only 15% of the GDP is exports. Brazil is a trade pigmy.

Commodities export to China driving Brazil growth?


I keep hearing say (even Nobel Price winner) that it is commodities exported to China that's driving Brazilian growth.

It is not it is the consumer.
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