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

To: Pogeu Mahone who wrote (42545)	11/9/2008 1:38:10 PM
From: elmatador	Read Replies (1) \| Respond to of 219691

yes, but how much % is the question. Financial sector should be like how much? 5% of a country's GDP? That is what I meant as "it is not the economy". At that level, even if they screw up real good it would not drag the whole economy down. It was the gigantism of the financial sector, and its blow up that dragged down the whole construction. Of course there are always sorcerers' apprentices who tried to emulate what was going on elsewhere and those are being punished. Those are from exporters' companies. Exporting sector is very little in Brazil. Brazil is a closed economy where international trade accounts to little part of the GDP.