MercoPress. South Atlantic News Agency
The Economist and President Rousseff clash over ‘Brazil cost’ and Mantega
President Dilma Rousseff reiterated she wouldn’t be influenced by The Economist magazine’s call for her to oust Finance Minister Guido Mantega after a growth report that fell short of government forecasts. Read full article
Comments
Disclaimer & comment rulesIs it just me, or do south americans seem to not understand the idea of a 'free press', i.e. there is not some over-riding goebbelian link with the government like in china or argentina?
Dec 11th, 2012 - 05:23 pm - Link - Report abuse 0Seriously, the economist was just saying the guy got his results very very very wrong and should be fired. Her only response was to make a statement about the crisis in the eurozone, of which London is not a part.
Where do they get these people?
Maybe “The Economist” should show us how much they “really” know about Economics?
Dec 11th, 2012 - 05:30 pm - Link - Report abuse 0I have recently “speed-read” all their past issues from 2006 and 2007.....
I couldn't find 1 (one) article warning us, mere mortals about the Financial Crisis that started in 2008....
Not a single one (1).....
Maybe one of the many Anglo Economics Expert in here could help me find one (1) ?
@2 Sorry, I'm not an 'Anglo Economics Expert' and so cannot fulfill your requirements. I simply read publications such as this for their excellent ex-post analysis, rather than the piss-poor ex-ante analysis apparently done by this Mantega chap.
Dec 11th, 2012 - 05:38 pm - Link - Report abuse 0South American has no clue what freedom of the press means. In my country the president wouldn't even make an effort to respond so something the media says they the president should do. Unless the president was directly asked during a press conference and even then it was be something alongs the lines of /....“ everyone is entitled to their opinion, even those that do not agree with me....next question please”.
Dec 11th, 2012 - 05:44 pm - Link - Report abuse 0this is a little awkward Mercopress: the last 6 paragraphs of the above article were literally copied and pasted directly from The Economist article that was cited. Perhaps just a link to the article next time?
Dec 11th, 2012 - 06:02 pm - Link - Report abuse 0http://www.economist.com/news/leaders/21567942-if-she-wants-second-term-dilma-rousseff-should-get-new-economic-team-breakdown-trust
Shed
Dec 11th, 2012 - 06:04 pm - Link - Report abuse 0It is a security thing. Some countries are very tetchy about outsiders criticising.
Think
You need to read “between the lines”.
@2:
Dec 11th, 2012 - 06:05 pm - Link - Report abuse 0Several economists of the Austrian school did successfully predict the crisis (e.g., Peter Schiff). Unfortunately, they are as far from Latin American intellectual traditions as it is possible to be.
@2 Also some economists of the Ilkley-moor school predicted the crisis, mainly because of the steep reduction in the availability of head-based apparel.
Dec 11th, 2012 - 06:11 pm - Link - Report abuse 0Think.................................
Dec 11th, 2012 - 06:14 pm - Link - Report abuse 0TTTTtttthhhhhhhhhiiiiinnkkkkkkk
TThhiinnkkk.......
I didn't like your names not seriously to self discussion.
Pleas find new swanky names to these comments marathon.
The Economist is right. Mantega can`t project anything after this year`s fiasco during which he promised and promised a 4.5% annual growth. And clearly, whatever incentives, tax-cuts and giveaways Mantega and the Rousseff administration threw to the people and the markets to buy more cars, houses and push the economy upwards, it just didn`t yield any growth.
Dec 11th, 2012 - 06:20 pm - Link - Report abuse 0find many names from Brazil.
Dec 11th, 2012 - 06:24 pm - Link - Report abuse 0Gosh, Dilma really rates the power of The Economist. I like the publication but can read it objectively.
Dec 11th, 2012 - 07:04 pm - Link - Report abuse 0Why are SoAm leaders so thin-skinned?
#6 outside criticism is a national security concern? Geez and they give the US grieve bymwhat we call national security issues and cristicism is not one on them.
Dec 11th, 2012 - 07:16 pm - Link - Report abuse 0Brasilian names.... Think .... Brasilian names.
Dec 11th, 2012 - 07:29 pm - Link - Report abuse 0Well done President ! You have increased the sales of The Economist in the area by at least one hundred percent !
Dec 11th, 2012 - 07:49 pm - Link - Report abuse 0What a turbid !
Dec 11th, 2012 - 08:00 pm - Link - Report abuse 0Not a turnip !
Well............ No Anglo Economics Expert in here seems to be able to help me find one (1) article from “The Economist” warning any of us about that little financial Crisis that began in 2008........
Dec 11th, 2012 - 08:19 pm - Link - Report abuse 0A Latino Economics Expert in here told me that I have to “Read between the Lines”........
Wonder what the “Messsage between the Lines” in this article is?.....
Brazil's Finance Minister Guido Mantega should be ousted after a growth report that fell short of government forecasts, says “The Economist”.
Wonder what we should do to “The Economist” after their magnificcent performance.......
All you latina's seem to be so thinned skinned to media cristicsim. It's no wonder latam outlaws and bands freedom of the press. I would need a calculator to add up the magazines in the USA that say x,y and z and contradicting themselves, critiquing the president, forerign leaders, congress a and, and ...and. The are what they are.....an sector specific opinion material not a newspaper.
Dec 11th, 2012 - 09:33 pm - Link - Report abuse 0Geez will you latina's trade your bra's in for a jock strap.
”Well............ No Anglo Economics Expert in here seems to be able to help me find one (1) article from “The Economist” warning any of us about that little financial Crisis that began in 2008........”
Dec 11th, 2012 - 09:53 pm - Link - Report abuse 0Think, they (koolaid drinkers, fluoride heads, trolls) can't, because they are full brainwashed how great the “eCONomist” is even of they mislead it's readers in the “good old days”, comes with the solution of how important those bank bailouts are, how important the QE's are, lecture that the banks made mistakes and it's the people's fault, lecture that banks commited fraud but it's okay that they were slapped with a fine and problem solved, lecture how great it is to surrender your sovereignty to “unelected technocrats” who worked at the banks, because they know it better to solve all the problems. Technocrats is the trendy word created by eConomist and is actually for manipulators who worked at the banks, who will solve our problems, you know like Lehman brothers, Goldman Sachs, Deutsche Bank, etc. They tried hard to praise Dilma Rousseff, who studied economics but never worked at at Bank, as a technocrat so it looks good, but they failed. The real techonocrats work in Europe and the US and are desperate. Desperate people do crazy stuff, that's why it goes wrong.
The eCONomist, backed by the Rotschilds criminal enterprise (include the AP, Reuters and many more) HATES nations that work independent and protects it's industry, workforce, aka it'a own interests. It will do everything, as much as they can, to bash Brazil (sometimes they get so boring and desperate by using old dated info), South American nations, and nations who don't buy their FAILED economic view and who won't play it's bogus “deregulation, Free Trade, slave wages like in China” games, because that brings “prosperity”. The brainwashed will always believe that, no matter the facts.
We are already saw and continue to see, how great that worked in Europe and the United States. They are in decline
The response from Dilma is only meant to garner support from her base, it is portrayed as an insolent act by a foreign entity who has no right to demand these things. Just a smoke screen to hide their inept, failed gov. stimulus plan. Just like the US stimulus plan has failed, most of these poorly thought out and implemented tax payer funded abortions are doomed before they even get off the drawing board. The answer is deregulation, a strong and independent judiciary & Central bank, and above all a smaller gov that balances the accounts and cuts the impediments to entrepreneurship, business and investment. These 3 things would bring lasting bottom up growth whilst cutting debt, after an initial rescesionary re adjustment period.
Dec 11th, 2012 - 10:40 pm - Link - Report abuse 0When I pointed out that Mantega was way off the beam and was just puffing Brasil to keep the investments coming in I well remember Fido Dildo, he of the largest mouth in SA, deriding me with a stream of invective.
Dec 11th, 2012 - 10:46 pm - Link - Report abuse 0But I was correct and he was wrong! No surprise there then.
And I am really surprised at Roussseff and her closed mind about the loser Mantega: he should have gone more than 12 months ago.
I cannot remember anything that this person actually got correct.
@17 ... well to be fair, they were warning about asset bubbles. Like, a lot. The fact that that led to sub-prime and the credit crunch directly is a pretty good start don't you Think ?
Dec 12th, 2012 - 12:01 am - Link - Report abuse 0Why do they attack a magazine and their editors? nobody is attacking Brazil when they criticize Mantega, The Economist`s journalists and editors are only doing their job, which is to write about economic trends and events. This is really ridiculous.
Dec 12th, 2012 - 03:09 am - Link - Report abuse 0Jose, if you know what the eCONomist really stands for, it's trying to attack (desperate and fail) Mr Guido Mantega that protects Brazil's LONG TERM interest..not short term. This attack by “The Economist” it is part of the “Currency Wars” that is going on, which Brazil and the Emerging markets are WINNING. no matter what the so called “bankrupt” developed west does who are doomed by keepin their real interest rate NEGATIVE and they are DOOMED by raising interest rates to where it should be. Conclusion, they really messed up while the majority of the population are in cardiac arrest /frozen / in zombie sfeer, you name it, don't know what to do and keep pretending everything is fine. Yes the eCONomist is doing it's job...duh, this is their job today.
Dec 12th, 2012 - 03:58 am - Link - Report abuse 0ChrisR(etard) web based idiot who can't speak spanish and still doesn't anything about the area he desperate likes to talk about. Read this boy, Mr Mantega is still on his post, he won't go away, and because you can't remember anything he did actually correct shows your knowledge you get out of your arse. Seriously, keep trolling about the falklands, subject you are a master and do yourself a favor to get out of the fake left vs right, just as that old imbecile there in the state of Bahia. Since you obsessed with “dildo's”, (good lord, those brits are freaks) buy one where ever you, stick it deeper into your hole to stimulate your brain, which is dead by reading the eCONomist.
@24 - Fido Dido
Dec 12th, 2012 - 07:24 am - Link - Report abuse 0It's only a magazine, which puts forwards opinions. They have NO power except that which the person/country/business being criticised gives them.
If it had said the same thing about a British politician no one would've batted an eyelid. You certainly wouldn't've had the British Prime Minister whining about it to the national, and international media.
Dilma has MADE this an issue, Dilma GAVE them power by even mentioning the article, let alone making a big fuss about it.
Let's look at this objectively. How many of the Brazilian electorate have even heard of the economist, let alone read it?
Probably 1% or less of the population. So why is Dilma making such a fuss over nothing?
Everyone takes what these magazines say with a pinch of salt, because their articles are based upon research but their conclusions are not absolute. Sometimes they get it right, sometimes they get it wrong.
If Dilma had kept her mouth shut, this would've been another article that would've soon been forgotten by the people who do actually read the Economist. Dilma has now ensured that the majority of Brazilian people have heard of it, and many of them might actually read the article to see what all the fuss is about.
A spectacular own goal by the Brazilian President.
Most politicians in other countries in the world would've just ignored it and it would've been forgotten in short order.
find new Brasilian names Think find Brasilian names to continue this comments marathon.
Dec 12th, 2012 - 09:10 am - Link - Report abuse 024 Fido DILDO
Dec 12th, 2012 - 10:44 am - Link - Report abuse 0I am STILL hitting the nerve I see.
Keep taking the mind altering drugs, the rest of us will keep dealing with reality.
Predicting what your country`s economic growth will be year to year, quarter to quarter, is an essential part of the job of economic policy-makers. It affects people. A regular person with minimum knowledge of the economic situation would never buy a house if he knew his country`s economy is shrinking, because he knows jobs are being lost, in the same way a person would think twice before buying a new car if he knew the economy is in trouble. A bank officer would not try to promote loans or would try to be more careful about loan authorizations. A plant manager would try to be careful with inventories, etc. It is serious matter for a finance minister to be predicting economic growth that never materializes.
Dec 12th, 2012 - 02:52 pm - Link - Report abuse 0very bad ...Think....very bad !**
Dec 12th, 2012 - 03:05 pm - Link - Report abuse 0you might be a speedy internet employe but you never have a creative intelligence for social disciplines.
'... hacking away at the “Brazil cost”...'
Dec 12th, 2012 - 09:13 pm - Link - Report abuse 0Oh, how very, very true.
And the hacking is not Mantega's job; Dilma has the prime role in the hacking.
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