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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (123137)8/8/2009 3:21:36 PM
From: elmatador  Respond to of 206316
 
yes. that's what you should post.



To: Elroy Jetson who wrote (123137)8/8/2009 3:53:22 PM
From: elmatador  Respond to of 206316
 
Any oil exporter have always tended to a single export earner. Only Norway created a SWF to spend when the sea run out of oil. All the others live off oil until it dried out.

Oil sector is 5% of Brazil GDP. We want it to become 20% of GDP.

The country has an industrial base. Thus the need for the EXIMBANK ad China. To develop the industry that will support the oil larger share.

Hang on there for a decade more that you will see what I mean.


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