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Montevideo, November 27th 2022 - 18:41 UTC
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
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..
Really Geo, what will a keyboard commando and TOP economist like you will do about it?
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don't worry Fido...the Brasil is very easy problem for me !
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?
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all Economies are problematic !
true, we all are going to die.
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.
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.
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.
thanks all !
Geo, you're welcome and I can read you have a great sence of humor.
So as well as being a dentist, Fido is an ecomist too! What else can you do, cloggs?
@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.
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