Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.896

-0.9%

Nov 21 3:59 PM EST

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To: Telemarker who wrote (11891)	1/17/1999 4:30:00 PM
From: chirodoc	Read Replies (1) of 22640

tele, you make some good points, but brazil is a unique country the people are very uneducated and very isolationist they know very little about world events and economic systems consequently they are very suspicious of anything that reduces their income, power, or prestige also, they have quite a history of being suspicious of capitalists as well as fascists that is why Lula, and uneducated labor leader almost threatened cardoso in the last election the communists still have support and many are very suspicious of capitalism and equate it with fascism --they do not understand democracy nor do they understand free market economy that is why many of the politicians know they can stay in power by giving cardoso a hard time it is too bad--but that is the way it is and that is why brazil might or might not make through this crisis i have a small position long tbh curtis

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