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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: THE ANT who wrote (30386)	3/5/2008 2:57:49 AM
From: elmatador	Respond to of 218265

Klaser, it should be 1:2. Good and the bad about over and undervalued currencies. Overvaluing a currencies is good because forces economy to seek gains of productivity and efficiency, a must in places with cheap -albeit useless- manpower. Vale and Petrobras are worried and palnning cost cuts. This is good. Shareholders are watching. An under valued currency is bad. It lets economy uses arms legs and cause ineficiecies since people are paid to disturb, and other people have to be hired, to avoid that disturbance in a snow ball effect. Hey, you know Brazil, don't you? Countries with overvalued currencies "paga para nao atrapalhar". Pay people to get out of the way, aka, unemployment of useless people. Lots os people pampering you in a hotel or churrascaria is excellent. In industry and commerce is a nuissance. When Lula pay people to stay in Santa Cruz do Mato Dentro ou Maconhal do Norte, his doing a service to the Brazilian economy, mind you. It avoids them coming to the cities and disturbing the economy. Better feed then and keep them there. Save in jail, police, walls around houses and such. Now appears he's trying to get them something to do. Asia is another story. They have something we don't have in Cabocloland Brazil: a millenium culture. That we don't have. It is an advantage vius a vis Indians, Thais, Vietnamese adn Chinese ot to emntion the Moslem crowd.

To: THE ANT who wrote (30386)	3/5/2008 9:45:11 AM
From: elmatador	Respond to of 218265

Moody's Investors Service said the homebuilding industry in Brazil should see solid growth over the next several years, driven by the combination of structural changes, favourable demographics and pent-up demand for homes. Brazilian homebuilders to see solid growth over next several years - Moody's MUMBAI (Thomson Financial) - Moody's Investors Service said the homebuilding industry in Brazil should see solid growth over the next several years, driven by the combination of structural changes, favourable demographics and pent-up demand for homes. 'The government's drive to ease regulation on many fronts amid an improvement in the macro-economic environment and a large housing deficit has led to increased availability of mortgage financing for home buyers,' Moody's (nyse: MCO - news - people ) said. The ratings agency said banks and homebuilders have increasingly been working together to improve the availability of financing for homebuyers. The improved economic environment, various regulatory reforms since 2005 have also led to its current growth. However, the solid growth depends on continued economic expansion in Brazil, stable or lower interest rates, and homebuyers continuing to have increasing access to mortgages, Moody's said. Current market conditions may also strain the liquidity and credit quality of some of the homebuilders as they find it difficult to raise the additional capital to satisfy their high financing needs, the ratings agency said. Moody's said the Brazilian homebuilding market remains extremely fragmented, with no builder holding more than 8 pct of the total market. Given homebuilders' high financing needs, the difficult environment for raising capital, and the advantages of scale in this business, Moody's said it expects to see a number of mergers and acquisitions in the sector over the next few years.