SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Brazil Board
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
DewDiligence_on_SI
Hawkmoon
To: DewDiligence_on_SI who wrote (1450)9/1/2015 9:03:21 AM
From: elmatador2 Recommendations   of 2504
 
Lula wealth re-distribution was nothing more that handing out to the poor echelons the money the Chinese was creating by stimulating their economy.
As the economy skyrocketed, governments coffers filled in. Then China peaked. Europeans and Americans were not consuming the goods they were producing:

· As Brazilian economy cooled off two things happened:

· Less economic growth caught indebted people to cut expenses to pay debts.

· That means until the deleverage, they won't re-start to consume.

· You may say, they will pay durable goods, in 24 to 60 months. Which means they have two to 3 years to pay these debts.

· But they are stuck with the mortgages for the next 15 to 20 years.

· Second as a result of all the above:

· You have government with less revenue as the economy has cooled off

Obviously the ordinary Brazilian noticed that in 2013.

When they saw the expending in the World Cup and they were suffering in their pockets.

Dilma thought: let me though the construction magnatas under the bus and this may appease the populace.

It backfired as the masses saw this as another failure of the PT regime.

Now we have a terrible 3 years.
2018 Dilma and PT will be voted out of office for good.
Center right will return to power.
By them the situation had reached the bottom, estabilised and will be returning to growth.

Center right will say: we put Brazil back on track.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News