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Brazil: current account deficit outpacing FDI expected to continue for two months

Tuesday, February 26th 2013 - 10:46 UTC
Full article 17 comments

Brazil’s current account deficit surged to a record high in January, outpacing foreign direct investment for the third straight month because of the widening trade gap according to central bank data. Read full article


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  • Captain Poppy

    With deficits in the accounts and private and corporate credit dropping, Brazil looks like they are in serious shit.

    And of course if Brazil is in serious shit, that does not hold well for all of South AMerican. And of course....China, the Bolivian Socialists Movements savior is not doing so well to come to their rescue either. Socialism without private businesses to steal from will not flourish.

    Feb 26th, 2013 - 03:48 pm - Link - Report abuse 0
  • ChrisR

    But who the hell were expecting anything other than these figures.

    Messing with the market and telling lies to investors like Mantega has was bound to end in tears.

    Mr. Market will have his way in the end: he always does and nothing the idiot Mantega can do will stop it.

    Feb 26th, 2013 - 05:59 pm - Link - Report abuse 0
  • Ayayay

    Foreign direct investment-aka Spain.

    While at the same time on another part of the globe, A.pple and A.ndroid, is making a sheerly A.MAZING amount of money for the U.S.

    Feb 26th, 2013 - 06:07 pm - Link - Report abuse 0
  • Steve Folgers

    @ 1
    Don't forget the USA=16 trillon dolars debt..tic tic tic
    all in the same boat

    Feb 26th, 2013 - 08:34 pm - Link - Report abuse 0
  • ChrisR

    4 Steve Folgers

    And don't forget the USD is the FIAT currency of the world.

    Tic, tic now?

    Ha, ha, ha.

    Feb 26th, 2013 - 09:04 pm - Link - Report abuse 0
  • Captain Poppy

    4 Steve Folgers (coffee?)

    1-don't forget the USA pays it's creditors and are not awaiting an courtroom showdown. tic tic tic
    2-WTF does that have to do with this article?

    Feb 26th, 2013 - 09:20 pm - Link - Report abuse 0
  • Ayayay

    @4 There is a difference between the wealth of the people and the wealth of a gov system. ESPECIALLY in a system with by far the lowest taxes in the developed world.

    There's not even a federal sales tax.

    The solution to the FEDERAL gov's problem is smaller fed.

    Feb 26th, 2013 - 09:20 pm - Link - Report abuse 0
  • Captain Poppy

    Ayayay......very good points.

    Feb 26th, 2013 - 10:02 pm - Link - Report abuse 0
  • Ayayay

    Thanks, Cap'n

    Feb 26th, 2013 - 10:46 pm - Link - Report abuse 0
  • row82

    Support the campaign to keep the Falklands Free of Argentine Colonialism

    Feb 26th, 2013 - 11:36 pm - Link - Report abuse 0
  • british boy

    Comment removed by the editor.

    Feb 27th, 2013 - 03:15 am - Link - Report abuse 0
  • Anglotino

    @11 Sussie

    If living in the US is so bad perhaps you should move back to Argentina or even to Brazil! Sorry you probably won't be eligible to move Australia.... thankfully.

    Feb 27th, 2013 - 05:55 am - Link - Report abuse 0
  • Captain Poppy

    Damn she always gets removed before I get a chance to read her rants. BTW, I find it highly unlikely she resides in the USA. I think she is a rogue troll....the Sussie Identity, The Sussie Ultimatum, The Sussie Supremacy and finally, who will be....The Sussie Legacy !!!

    Feb 27th, 2013 - 01:44 pm - Link - Report abuse 0
  • yankeeboy

    This guy has been all over lately saying don't worry about what we are seeing now all will be well by the end of the year.

    I don't think anyone believes him

    Brazil has to fix their inflation, corruption and taxation problems before they could ever be considered a legitimate country.

    Feb 27th, 2013 - 02:10 pm - Link - Report abuse 0
  • ChrisR

    14 yankeeboy

    Maceil and Mantega both are denying Mr Market exists!

    As we both know, this will end in tears if they keep on with the denial.

    Feb 27th, 2013 - 04:50 pm - Link - Report abuse 0
  • Donald Smith

    12 anglotino
    this is the end of mercopress “hide and seek” “british military and agents”
    Think just announced she is Isolde.

    Feb 28th, 2013 - 07:56 pm - Link - Report abuse 0
  • Captain Poppy

    #16 Sussie do you think an American or English sound name hides your crazy persona?

    Feb 28th, 2013 - 09:16 pm - Link - Report abuse 0

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