Brazilian President Dilma Rousseff said on Friday her government will unveil more measures to stimulate the economy in the next few months, including investments in ports, airports, railroads and highways. Read full article
Of course Dilma will stimulate the economy at the peril of high inflation. Give to the masses more easy money, what they do not understand ”The Masses” is that inflation is the most cruel form of taxation for the low and middle class
C #1, inflation isn't the key issue.
The “Brazil cost” - the mix of logistical bottlenecks, high taxes and other costs that make Brazil one of the world's most expensive places to do business - REALLY needs addressing.
Brazilian President Dilma Rousseff said on Friday her government will unveil more measures to stimulate the economy in the next few months, including investments in ports, airports, railroads and highways.
All these infrastructure things have been announced before, some many times.
Investments have been announced and re-announced; some even allocated.
Most, like the Salvador metro have been skimmed and skimmed again ... the barely-started metro is a mass of weeds and rotting concrete.
Like the vast majority of the national transport infrastructure .... 'Unfit For Purpose'.
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Disclaimer & comment rulesOf course Dilma will stimulate the economy at the peril of high inflation. Give to the masses more easy money, what they do not understand ”The Masses” is that inflation is the most cruel form of taxation for the low and middle class
Jul 28th, 2012 - 10:00 pm - Link - Report abuse 0C #1, inflation isn't the key issue.
Jul 29th, 2012 - 11:53 am - Link - Report abuse 0The “Brazil cost” - the mix of logistical bottlenecks, high taxes and other costs that make Brazil one of the world's most expensive places to do business - REALLY needs addressing.
Great announcement. And she must have a wicked sense of humour to make it in Cameron's Britain, I like this lady =)
Aug 01st, 2012 - 09:51 pm - Link - Report abuse 0Brazilian President Dilma Rousseff said on Friday her government will unveil more measures to stimulate the economy in the next few months, including investments in ports, airports, railroads and highways.
Aug 02nd, 2012 - 10:39 am - Link - Report abuse 0All these infrastructure things have been announced before, some many times.
Investments have been announced and re-announced; some even allocated.
Most, like the Salvador metro have been skimmed and skimmed again ... the barely-started metro is a mass of weeds and rotting concrete.
Like the vast majority of the national transport infrastructure .... 'Unfit For Purpose'.
#4 Maybe she just wanted to announce it again from here to give the poor Brits and their economically illiterate government a hint!
Aug 02nd, 2012 - 04:59 pm - Link - Report abuse 0Commenting for this story is now closed.
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