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

To: elmatador who wrote (299)5/30/2011 3:32:41 PM
From: dvdw©  Read Replies (1) | Respond to of 2504
 
That article contains predictions we discussed two years ago...1 Brazil government would meddle in oil to the extent it will mismanage the resource.

2. Petrobras is aware of the enormous costs of the deep water undertaking, and secretly welcomes the meddling so it can scurry off into the brave new world of shale where dry holes are rare events.

further..... several shale plays contain far mor oil than brazil off shore.



To: elmatador who wrote (299)5/30/2011 4:16:08 PM
From: Snowshoe  Read Replies (2) | Respond to of 2504
 
More on the China/Brazil culture clash (from your link)... :0)

Foxconn CEO Terry Gou discussed the investment with Brazilian president Dilma Rousseff during her trip to China last month. However, in an interview with the Wall Street Journal last year, Gou was not too complimentary about the Brazilians. “As soon as they hear 'soccer,' they stop working,” he said. “And there’s all the dancing. It’s crazy…


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