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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 371.65-1.1%4:00 PM EST
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To: THE ANT who wrote (88213)3/23/2012 2:54:08 AM
From: elmatador  Read Replies (1) of 217835
 
The Unintended consequences of economic growth.

Economic growth, spread of computer use, Orkut explosion in Brazil resulted in Facebook.
Message 28030810

That fact changed contributed to the perception of the value of quality high education.

By the end of 2015 more than 100,000 Brazilians—half of them undergraduates, half doctoral students—will have spent a year or so abroad at the best universities around the world studying subjects such as biotechnology, ocean science and petroleum engineering which the government regards as essential for the nation’s future. That will cost 3 billion reais ($1.65 billion), a quarter of which will come from businesses and the rest from the Brazilian taxpayer.
...
In the 1960s and 1970s the government paid for PhDs abroad in oil exploration, agricultural research and aircraft design. Brazil is now a world leader in all three fields.

Message 28019645

The government now, is slowly perceiving that it can let go the policies used for hyperinflation time and it is necessary to leave behind the ideas that were used for the closed economy.

I think it is dawning on them that keeping blaming the others won't help

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