MercoPress, en Español

Montevideo, March 29th 2024 - 07:03 UTC

 

 

Brazilian exporters warn of de-industrialization because of massive imports

Monday, June 6th 2011 - 21:33 UTC
Full article 2 comments

The increase in imports during the first quarter of this year could indicate Brazil has begun a de-industrialization process, cautioned Jose Augusto de Castro, president of the country’s Foreign Trade Association, AEB. Read full article

Comments

Disclaimer & comment rules
  • Fido Dido

    Who can compete with the US Treasury and the Federal Reserve?
    Nobody can compete with those gangsters. They don't like to compete and they can't, so it's better for them to be manipulators (print unlimited worthless digital money, lend it for close to zero procent, and manipulate the bond market to keep interest low by QE1, 2 and god knows what other name they will use for QE3).
    Wanna beat them, dump your T-bills (stealthy), buy physical silver and gold, like China. Brazil is alreayd doing business outside the dollar, what is good. Do better, by not accepting visa/master cards from tourists who enter your nation. The more they use it, the more those banksters can print, in other words you keep the beast alive.

    Jun 06th, 2011 - 11:06 pm - Link - Report abuse 0
  • GeoffWard

    There is only one possible strategy for success:
    protect markets against excess foreign imports through tax; control 'dumping',
    assess the best products in any product range and then (whether it be a pharmaceutical drug, an electric drill or a giant road-laying vehicle), through home production, match or improve on the quality and produce in sufficient quantity to get economies of scale.
    Then, sell throughout Mercosur using the price advantage.
    The import tax (presently of 60% ) should take care of the rest.

    Most of this is (apparently) being done, apart from the home 'world-quality' build.

    Jun 07th, 2011 - 01:22 pm - Link - Report abuse 0

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!