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Brazil, ‘world’s fifth largest economy’ is ready to face the crisis, says Rousseff

Monday, August 8th 2011 - 20:06 UTC
Full article 13 comments

Brazilian President Dilma Rouseff on Monday the country is ready to face the world’s economic crisis and reiterated Brazil’s prognosis as the world’s fifth economy. Read full article

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  • geo

    as i said before --Brasil can not grow on high speed
    i say that
    Brasil has clumsy Economy..
    Brasil can not decide to act quickly..
    Brasil takes step incompletely in everytime..

    Aug 08th, 2011 - 08:35 pm - Link - Report abuse 0
  • Fido Dido

    Really Geo, what will a keyboard commando and TOP economist like you will do about it?

    Aug 08th, 2011 - 09:52 pm - Link - Report abuse 0
  • geo

    [] - 2

    don't worry Fido...the Brasil is very easy problem for me !

    Aug 08th, 2011 - 09:54 pm - Link - Report abuse 0
  • Fido Dido

    me worry? I just asked you a question what you will do about those problems? Brazil is an easy problem for you? So, Brazil is a problem for you? Do I understand you well?

    Aug 08th, 2011 - 10:05 pm - Link - Report abuse 0
  • geo

    [] - 4

    all Economies are problematic !

    Aug 08th, 2011 - 10:09 pm - Link - Report abuse 0
  • Fido Dido

    true, we all are going to die.

    Aug 08th, 2011 - 10:21 pm - Link - Report abuse 0
  • Fred

    geo is right. Brazil can't go that fast. It needs some major reforms. Though it doesn't mean it won't continue to grow more than most of countries. Some years ago it used to the 8th biggest economy of the world and now it's the 5th. During that time as economy speeded up population growth slowed down more than ever. It definitely caused a considerable improvement of Brazilians standard of living. This is a fact.

    Aug 08th, 2011 - 11:38 pm - Link - Report abuse 0
  • Forgetit87

    Brazil is actually the 7th largest. And I agree that the country needs reforms: firstly, a fiscal reform that is less burdensome for the middle class and the industries; and secondly, more investment spending (even though investment growth has been high for the last 5 years, the country's investment-to-GDP ratio is still low). As for geo, he's talking out of his ass.

    Aug 09th, 2011 - 12:18 am - Link - Report abuse 0
  • Fido Dido

    “As for geo, he's talking out of his ass.”
    Yes, he studied economics at Harfart.

    Fiscal/tax reform I read is on the agenda, but again, that is one of the keys for growing faster and the rest is on the people let it grow sustainable. The people is the so called market that controls the economy with or without problematic people with a low self esteem like geo.

    Aug 09th, 2011 - 01:01 am - Link - Report abuse 0
  • geo

    thanks all !

    Aug 09th, 2011 - 01:53 pm - Link - Report abuse 0
  • Fido Dido

    Geo, you're welcome and I can read you have a great sence of humor.

    Aug 09th, 2011 - 04:37 pm - Link - Report abuse 0
  • lsolde

    So as well as being a dentist, Fido is an ecomist too! What else can you do, cloggs?

    Aug 10th, 2011 - 11:47 am - Link - Report abuse 0
  • Fred

    @Forgetit87 Yes, it's the 7th. I don't know why I read it wrong. The 5th is still near to happen in about 10-15 years anyway.

    Aug 10th, 2011 - 11:42 pm - Link - Report abuse 0

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