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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (7154)5/11/2008 8:42:40 PM
From: THE ANT  Read Replies (1) | Respond to of 71450
 
Over 100% of the gain is greater than 2X increase in value of Real to the dollar.Another 100% was relief rally when Lula agreed to pay the debt.Unibanco up about 3X-4X on increased profits if above taken into account.Looking for bubbles in all the wrong places...



To: RockyBalboa who wrote (7154)5/22/2008 10:53:29 AM
From: elmatador  Respond to of 71450
 
Brazil private credit is 28% of GDP. Korea's private credit amounts to 74 percent of its GDP. Brazil could have grown by more than 1.5 percent a year from 1960 to 1999 instead of zero percent, if Brazil's financial system had been as developed as Korea's.

It is a whole game plan whereby all bits and pieces are put together and one can only grasp if look at the whole concept.

Finance in Brazil is what's called pro-poor financing. Aim is to raise poor to rank of middle class.

"A solid and vibrant middle class is important for economic growth and productivity and for the consolidation of democratic process and institutions. Consequently, a growing middle class has the potential to accelerate key aspects of state reform while improving the rule of law, transparency, access to information, and other areas critical for long-term socio-economic development. At the same time, the boost in domestic consumption not only reflects the crucial tempo of economic development in Brazil, but it also mirrors a transformative change in the country’s fundamentals.

See pro-poor finance
Increasing Private Credit Shown to Reduce Income Inequality
uncdf.org


Brazil's Domestic Credit Expansion
as-coa.org