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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: KyrosL who wrote (87906)3/11/2012 8:14:03 PM
From: Snowshoe  Read Replies (2) of 218012
 
>>My question: How can Brazil stay competitive when it's so expensive?<<

More protectionism...

Brazil wants Mexico to set an export ceiling of $1.4 billion a year on its auto exports
ca.news.yahoo.com

Brazil has threatened to scrap a decade-old automotive trade pact with Mexico and start charging tariffs on Mexican-built cars as it battles a growing trade deficit in the auto sector.

Meanwhile, China sees the light and promotes 'wastrelism'... :o)

China To Cut Taxes On Consumer, Luxury Goods
nasdaq.com

China will lower import taxes on consumer and luxury goods this year to promote domestic consumption, the state-run China Daily reported Wednesday.
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