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


To: Haim R. Branisteanu who wrote (53499)8/13/2009 1:52:25 PM
From: elmatador  Read Replies (1) | Respond to of 218863
 
It is a normal rebound. "It's not like the U.S., where people got up to their ears in debt. We're talking about simple, affordable apartments."

And yes, eventually 1 day things will overreach - humans are the same everywhere and excess will pervade: Brazilians will be maxxed out on their credit cards, go to the malls weekly as a social ritual, outsource their production jobs to some "cheap locale" like Peru, and be flipping homes like daytraders. But for the foreseeable future they won't have most of our bad habits; we have a few decades before we have to worry about them behaving like modern Americans. Until then, it's still Ozzie and Harriet habits in much of the developing world - they have much to learn from us.

Long Gafisa in fund; no personal position

forexhound.com



To: Haim R. Branisteanu who wrote (53499)8/14/2009 10:41:39 PM
From: Haim R. Branisteanu  Respond to of 218863
 
OT worth to see - elysee.fr



To: Haim R. Branisteanu who wrote (53499)9/5/2009 3:27:57 PM
From: elmatador  Read Replies (1) | Respond to of 218863
 
The IPO will also be a reflection of the relative strength of the Brazilian banking sector, which has weathered the turmoil in global markets and the credit crunch better than the financial sector in the United States and Europe.
...
Other major IPOs this year have included a $7.3 billion IPO in July by China State Construction Engineering Corp and a $4.3 billion offering by VisaNet, the credit card operator's Brazilian affiliate.

Santander Brazil unit IPO could exceed $5.6 billion
reuters.com

Let's bubble...