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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Raymond Duray who wrote (41435)11/14/2003 5:00:55 AM
From: elmatador  Read Replies (1) | Respond to of 74559
 
<<at least one wonderful parent.>> which I guess is the mother?

The stone age didn't end because the guys ran out of stones and the oil age wouldn't end due to end of oil.

That said Petrobras -which I think should be privatized and the proceeds used to pay our debt- has technology to deep sea drilling. The more the oil is keep out of the market to make pezz and Snowshoe happy, the more we can develop technology to go find oil elsewhere.

I don't need the US to come confiscate my stuff. Brazilians do that better then the US. Remember when Collor took all money by freezing it overnight?

My father and mother gave their wedding rings to help the country pay \debts back in 1964 -one idiot bankrupted the country by building a new capital city called Brasilia.
If I would be in Brazil I world be paying more taxes than a Scandinavian and getting back services of Angola standard.

All that to pay for the retirement of fat cat government bureaucrats, their salaries and state sanctioned inefficiencies and provide profits for protected markets not to mention 19% of interest.

Sorry I meant Club of Rome
abc.net.au

OK, 11 trillion, a little of this and will be enough.