Monday, November 14th 2011 - 06:58 UTC

Rousseff complains German chancellor Merkel “listens to nobody”

Brazilian president Dilma Rousseff criticized German chancellor Angela Merkel for her refusal to receive suggestions as to how face the global crisis and on specific issues such as youth unemployment.

The two leaders at the recent Cannes G20 summit

Angela Merkel “…listens to nobody” when elaborating “a plan to overcome global economic and financial turbulences”, complained president Rousseff according to reports in the Sao Paulo media.

Ten days ago the two leaders met privately in the framework of the G20 summit in Cannes hosted by French president Nicholas Sarkozy.

During the summit President Rousseff proposed the creation of a world rescue program to help indigence similar to that implemented in Brazil, under the name of “Family Bag” and which basically supports 12 million Brazilian families since 2003.

On her return from France the president in an official speech said that Brazil could be taken as “an example” for such global challenges since the country continues committed to a “growth and wealth distribution” policy as an official strategy to impede that the effects of the crisis impact on Brazil that in 2011 is expected to grow 3.2% according to private estimates compared to the up 7% of last year.

Ms Rousseff said she openly disagrees with governments from the rich countries which are committed to adjustment plans that create further unemployment, particularly among the young population frustrating whole generations.

Both leaders are known for their strong character and no-nonsense attitude to issues, which have caused difficulties in their ministerial cabinets.

They also share being among the most powerful women in the world according to Forbes: Ms Rousseff is the only Brazilian woman in the list and figures in position 22, while the German leader ranks fourth world-side.
 

9 comments Feed

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1 GeoffWard2 (#) Nov 14th, 2011 - 12:35 pm Report abuse
Rousseff's proposal of a world-wide Bolsa Familia - or basket of social services fundimental provision attached to compulsory education for the young of the families in receipt - will do little or nothing to address the issues in Europe or in the rest of the stressed developed world.

It will, however, create a GREAT DRAIN of resource from the relatively poorer first world to the absolute poverty of the third world.

Just how does she think this will get the developed world back on its feet such that third world aid can flow sustainably from profit rather than (cripplingly) from loss?

Dilma's way leads to a degenerative spiral of 'everybody looses'.

And does Angela listen to good guidance? Of course.
It's just that Dilma's advice is, in this case, not well founded.
2 ElaineB (#) Nov 14th, 2011 - 01:03 pm Report abuse
When you look at the German economy and their low unemployment rate, I do not blame them for wanting to preserve it at this time.
3 Fido Dido (#) Nov 14th, 2011 - 06:09 pm Report abuse
As I typed here before, Germany benefits from this crisis. They are the export power in Europe and a low Euro helps the economy, though it hurts the purchasing power of the hard working germans and the germans that are on welfare (that number is high too there).

German youth, just like the Dutch are getting more frustrated and are willing to leave the country if it's a must and if they can, what is a lost for those nations. Matter fact it's already happening and I don't blame them because I did the same.
4 Artillero601 (#) Nov 14th, 2011 - 06:54 pm Report abuse
Fido, welcome to the club :-)
5 ChrisR (#) Nov 14th, 2011 - 07:51 pm Report abuse
Why is it, that governments of all countries, seem to believe they are the only ones who know how to spend our money?
The reality is of course that they waste at least half of it supporting hordes of bureaucrats, may of whom have never held a job in the real world. This is particularly true of LatAm countries.
If only they would (simultaneously) halve the goverment and double incentives to manufacturers to start new businesses in their countries thus employing the redundant civil servants and others productively, the real tax take would expand enormously without the fiscal drag.
Result, happiness for everyone!
6 O gara (#) Nov 14th, 2011 - 09:20 pm Report abuse
On the surface you are absolutely correct but that small little word greed then enters the equation and throw in little or no regulation and you get ”Ireland,Argentina under Menem,the US under Bush and see what happened in these cases.
7 Fido Dido (#) Nov 14th, 2011 - 10:14 pm Report abuse
“ Why is it, that governments of all countries, seem to believe they are the only ones who know how to spend our money?”

Because in most countries they have leaders who are trained at those fancy pancy US or UK schools where they lecture that idiotic keynesian economic policy (keep spending, don't worry, you grow out of it, keep spending, don't hit the brake) plus having the fake conservatives who come up with “austerity measures” for the people when big business fails.

Note: Argentina wasn't bailed out. It were the corrupted banks/crooks who gave illegal loans to their buddies (those buddies added the debt to the national debt) that were bailed out by IMF (same people different logo) and the Argentine people received the bill and are stuck with it for the rest of their life till it's paid. If you cannot pay, you sell your assets, but wait, they will tell you to who to sell (of course their friends) and by time you realize it's still not enough because of the interest or you only paid the interest but not the principal. Same thing in Greece, Ireland, Italy, Portugal, Spain, soon France, Denmark, UK (is already broke but people don't realize that yet) etc etc and eventually Germany and then by time the US. Where the wealth leaves it goes somewhere else and if you follow the situation carefully, you know where the wealth is going. Sigh, I need a glass of wine.
8 ManRod (#) Nov 15th, 2011 - 03:10 pm Report abuse
Astonishingly I always agree on Fido Dido's economic perspectives, even we might disagree in alot of other things. They reflect my view of the financial systems in almost 100%, especially the european (and argentinian) view of Keynes fundamentalistic policies regarding over-the-top-government-debts.
9 zethe (#) Nov 16th, 2011 - 03:37 pm Report abuse
7: China?

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