Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: Telemarker who wrote (11891)	1/17/1999 3:40:00 PM
From: Bob Howarth	Respond to of 22640

The problem in Brazil is that the constitution is completely screwed up. The USA would be in the same condition if we did not have a much more sophisticated system, even though drawn up 200 years ago. Brazil is completely hopeless because of this and won't change until the states are forced to accept the Federal gov as supreme like in USA. It is too bad that so much suffering will occur for nothing. Best for IMF to walk away from this one. I plan to sell if I get back to even.

To: Telemarker who wrote (11891)	1/17/1999 4:30:00 PM
From: chirodoc	Read Replies (1) \| Respond to of 22640

tele, you make some good points, but brazil is a unique country the people are very uneducated and very isolationist they know very little about world events and economic systems consequently they are very suspicious of anything that reduces their income, power, or prestige also, they have quite a history of being suspicious of capitalists as well as fascists that is why Lula, and uneducated labor leader almost threatened cardoso in the last election the communists still have support and many are very suspicious of capitalism and equate it with fascism --they do not understand democracy nor do they understand free market economy that is why many of the politicians know they can stay in power by giving cardoso a hard time it is too bad--but that is the way it is and that is why brazil might or might not make through this crisis i have a small position long tbh curtis