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

To: elmatador who wrote (80144)	9/23/2011 10:28:29 AM
From: THE ANT	Respond to of 217844

I agree.Brazil is out of synch with the rest of the world(behind) and as such has been lucky as they missed the credit boom.They also have good economists.A week ago the world was saying the interest rate drop was a mistake.They were brilliant and should cut rates even faster.People have been complaining about Brazilians not investing in infrastructure.Again good move.Sell during the commodity boom and use on infrastructure during the lean years.It is just you cant have minimum wage go up 10X in dollars in 15 years and not have a pause.And if this goes back to up 7X in dollars in 10 years still celebrate.Brazil will feel some pain but much less than the developing world