The Financial Collapse of 2001 Unwinding Message Board

STOCKTALK

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.

Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cogito Ergo Sum who wrote (8128)	10/18/2021 2:03:32 PM
From: elmatador	Read Replies (1) of 13801

In the 80s, evey time there was a strike by the IG Metall, German companies were excavating foundations for new factories Brazil. Once Deng's China reforms took root, the factories were send to China. That lasted 30 years. China had bigger internal market and a factory there could benefit from the economy of scale. Then that globalization model got exhausted .Now is time for Emerging markets to position themselves to take advantage of the Globalization sans China The pendulum is going to swing in the other direction. Today Brazil is self sufficient in oil. Before was dependent at mercy of oil price swings. The Brazilian Real is a floating currency. The country had $300bn foreign reserves. Before was haunted by foreign debt. Population more educated. It can work. Brazil has problem. Yes. Now compare with China's. Europe? Ministry of the economy Guedes message to the FMI in D.C. A global green power and leader in digital advances, Brazil is once again surprising the world by overcoming the Covid-19 crisis with high rates of vaccination, acceleration of the reform agenda and strong recovery of the economy and job creation. This was the analysis of the Minister of Economy, Paulo Guedes, when concluding this Wednesday (13/10) round of debates in Washington, in the United States, within the schedule of the annual meeting of the International Monetary Fund (IMF) and the World Bank and the meetings of G-20 finance ministers and central bank presidents. “I always said that Brazil would come back in 'V'. Brazil has fallen less, has recovered faster and is growing more than the average in Latin America, the Euro Zone and advanced countries”, highlighted the minister at a press conference at the end of the day, while presenting an overview of the debates on Wednesday.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next