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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: antibash who wrote (16018)1/15/1999 1:28:00 AM
From: EL KABONG!!!  Read Replies (1) of 26163
 
antibash,

I have a serious question for you.

How (if at all) is the current economic crisis in Brazil going to affect AZNT?

The currency is likely to be devalued. Taxes are likely to skyrocket in the short term, in particular for foreign national companies and individual Brazilian citizens. Inflation will undoubtedly become rampant, to the point where ordinary workers may not be able to afford common necessities like tooth paste or first aid supplies or other such household needs. The existing government may not survive a future election, given the extreme family hardships that may arise from cuts in Brazilian government spending.

On the other hand, labor costs in the larger cities might be reduced, making Brazil an attractive work force for some industries. The government's austerity plans might have a chance of successfully bringing Brazil back to the forefront as one of the world's leading economies. Brazil has many natural resources (minerals, oil, precious metals) as yet untapped, to aid the government's plans.

Any thoughts?

KJC
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