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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?


To: kidl who wrote (183)3/22/2011 5:57:13 PM
From: Dale Baker1 Recommendation  Read Replies (1) | Respond to of 2504
 
Are you familiar with the Ex-Im Bank? It's a real bank; they will loan PBR a few billion to buy oilfield services from US companies, which PBR will pay back in the long run with interest. Won't cost the taxpayer a dime, and it puts foreign business money into US businesses at the end of the day (because PBR will pay the whole loan back from selling its oil on world markets).