Silicon Investor (SI) -- The First Internet Community

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (16241)	3/5/2002 6:29:51 PM
From: elmatador	Respond to of 74559

Not very far behind. Brazil has been so far been kept afloat to add to the lesson to Argentina. It will be kept so during this calendar year due to an election in October. The Brazilian currency the Real, is being support by an inflow of dollars because local companies are being sold: Kaiser a beer concern sold to Molson Canada. And Garoto a chocolate company sold to Nestle. Pretty soon there won't be much to be sold. Then the influx of dollars will dry up. Brazil's punishment will come in exactly one year. It will come after the inauguration of the new president January 2003. Brazil is in as bad shape as Argentina. In Argentina the inheritance of Peron is killing the country. Here the inheritance, the local caudillo Vargas, is killing Brazil by the inside. This is not in the front pages. But it is there.