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


To: THE ANT who wrote (42361)11/6/2008 2:54:20 PM
From: Haim R. Branisteanu  Read Replies (3) | Respond to of 217588
 
be more optimist - about time <GGGG>



To: THE ANT who wrote (42361)11/7/2008 12:39:31 PM
From: elmatador  Respond to of 217588
 
Although credit has been growing fast, it still amounts to only about 40% of GDP—a much lower figure than in developed economies. That is partly because reserve requirements and interest rates are the highest in the world. Because of past financial crises, most banks are conservatively run. “Brazil’s economy has been travelling with the brakes on,” says Eduardo Giannetti of IBMEC, a business school. “At times like this that can be an advantage.” Big bank failures seem unlikely at the moment.

economist.com