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Non-Tech : The Brazil Board

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To: Julius Wong who wrote (2329)	3/24/2023 4:05:12 AM
From: elmatador	Read Replies (1) of 2504

Lula is a desperate man. Cannot replicate the miracle he pulled, financed by high commodities rices during the arly 2000s Super cycle. He is going o China -200 strong entourage of businessmen in tow- to try to increase commerce with China. China is not an unexplored market. He wants to ask Xi Jinping for a favor: Save his presidency... Keep people's perceptions in mind. The perception of the Brazilian average Joe, now, is of pessimism with the economic situation. They should (the 50% who voted for him) have thought about this before October 2021. Now it's too late, friend. The consumer sees inflation, (food, fuel, things that affect people's daily lives) then higher taxes come on top. Only a very obtuse person will not make the connection: economic situation-Lula. He has been begging, threatening for the Central Bank to cut rates and lower interest rates. To no avail. Lula just hasn't thrown in the towel yet because he still believes in miracles. Lula is contemplating the abyss with the sharp stones down there. End of career. Ostracism. Unable to even go out on the streets. Such a man is desperate. Even Janja his young wife will kick him out. I believe that his play in China is an act of total desperation. This guy took 200 businessmen in his entourage. That is a cry for help. My take? Out in less than a year

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