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


To: THE ANT who wrote (42487)11/9/2008 12:47:55 AM
From: elmatador  Respond to of 217550
 
"At least it is now out of the way." I called constantly to get out of the way stating: 'Bringing it on!'



To: THE ANT who wrote (42487)11/9/2008 1:03:44 AM
From: elmatador  Read Replies (2) | Respond to of 217550
 
Brazil hurt? Where is hurting? If there is any hurting going on is in the guys who borrow cheap and to profit from interest rates high and now have to take the money and pay back.
Abother group hurting are the ones who put money in Bovespa and got caught in the commodities down turn.

Look carefully, it is not Brazil who is in trouble.


It is when this status quo percolates down to the ignorant masses -via easy access to money- that the damage start being done. They start feeling rich and then the real hurting starts.



To: THE ANT who wrote (42487)11/9/2008 1:59:59 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 217550
 
agreed



To: THE ANT who wrote (42487)11/9/2008 10:55:07 AM
From: studdog  Respond to of 217550
 
great post, Klaser, thanks. i have had the same sense that all was not right for the last 10 years. I am afraid we are screwed in the short term. Hopefully the governments will be able to entertain the masses while this all gets worked out and we can start over. Do you think we will get a "Do Over"? Or will the "whole shithouse go up in flames"?(quote from the sage Jim Morrison)



To: THE ANT who wrote (42487)11/28/2008 2:58:27 AM
From: elmatador  Read Replies (1) | Respond to of 217550
 
Inflation slows more than expected. bloomberg.com

Interest rates will be kept steady.
bloomberg.com

Economy will slow down sharply 2009.
As always they react whne should keep a steady hand and cold blood. Typical Brazuca.



To: THE ANT who wrote (42487)12/28/2008 10:57:39 AM
From: elmatador  Read Replies (1) | Respond to of 217550
 
Meirelles Told Lula Brazil Rate to Fall in January, Folha Says
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By Jeb Blount

Dec. 28 (Bloomberg) -- Brazil’s Central Bank President, Henrique Meirelles, told President Luiz Inacio Lula da Silva that the country’s benchmark interest rate would be cut in January, the Folha de S. Paulo reported.

Meirelles made the pledge to Lula in Brasilia after being criticized by the president for the central bank’s Dec. 10 decision to keep the country’s Selic target rate unchanged at 13.75 percent, the newspaper said, without saying where it got the information.

Lula was told that rates were left unchanged because of concern the decline of the real against the U.S. dollar will cause consumer prices to rise, Folha said.

Rates can fall at the meeting of the central bank on Jan. 20 and 21 because market expectations for future interest rates declined after the Dec. 10 decision to hold the benchmark steady, Meirelles told Lula, the newspaper reported.

To contact the reporter on this story: Jeb Blount in Rio de Janeiro at jblount@bloomberg.net