Brazil prepares new stimuli measures geared to infrastructure and manufacturing

Tuesday, July 24th 2012 - 06:18 UTC

Full article 3 comments

Brazil's government may ease its primary surplus target next year to create room to carry out additional tax cuts to boost growth, Folha de S. Paulo newspaper reported Monday. Read full article

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British_Kirchnerist
This kind of stimulus and investment is what Britain and Europe should be doing rather than austerity
Jul 24th, 2012 - 11:54 am - Link - Report abuse 0
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Fido Dido
Yup British_Kirchnerist, but Camoron has better ideas. Austerity for the brits, “Stimulus/Investments” for his bankster friends. But ach, let them concentrate on Malvinas/Falklands issues.
Jul 25th, 2012 - 05:18 pm - Link - Report abuse 0
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ChrisR
The real move is the encouragement of private operations of organizations that are presently 'managed, by the government (always an oxymoron).

Building stuff you don't want / need is always bad news and wastes money that could be used to attract new industry into Brasil. To do that however would mean opening up Brasils mollycodled industries to the real world in which, unless they dropped their 'Spanish' practices, they would just sink out of sight.

Be interesting when Mr. Market REALLY starts showing his teeth.
Jul 25th, 2012 - 05:29 pm - Link - Report abuse 0
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