So we might add another risk factor to the TBR Story...
..not only Southeast Asia and Russia or the Wall Street, but the polls on presidential election. If LUL really wants to close down the exchange, we have to look for a different country.
>>>"We have no problem with foreign capital, as long as it is invested in productive ventures," Lula said at a meeting with foreign correspondents. He said he would welcome foreign investments in industry, agriculture and tourism.<<<
Hmm. That means: not in other services sectors, not in telephony. No ADRs, no Embratel? He just ment, TBR is not productive?
>>"The best way to attract foreign capital is to offer opportunities to invest in projects that create jobs and improve income distribution, thus guaranteeing social stability," the Workers' Party candidate added."<<
Maybe. But he didn't speak about returns for those investors. What can I buy for adding a little social stability and new jobs.
New jobs? So do I get a job in Brazil if I invest my money there?
>>>"It is not the ideological profile of the government that will cause capital flight, but investor anxiety," he added.<<<
Sometimes, it is anxiety, I agree. Sometimes, as Brazil has to compete with other countries, there are simply better odds.
Christian |
