MercoPress. South Atlantic News Agency
Brazil, a giant but with “a lot of fat and much in the way of muscle”
Brazil, Latin America's largest economy is in dire need of structural reforms and reduced government bloat to fuel sustainable growth, analysts say. And this will not happen overnight and will take massive political will. A giant but it carries “a lot of fat and not much in the way of muscle”. Read full article
Comments
Disclaimer & comment ruleshahaha .... USA analysts with Brazilian's name. Maybe spies. Let us in our way to see and live the world. Who dies if it goes wrong? Who lives if it works? Please, leave us alone.
Oct 03rd, 2013 - 08:16 pm - Link - Report abuse 0Yada, yada, yada!
Oct 03rd, 2013 - 08:58 pm - Link - Report abuse 0@ 2 Símio!
Oct 03rd, 2013 - 09:17 pm - Link - Report abuse 0Oh, so its not about Dilma's bingo wings then.
Oct 03rd, 2013 - 09:46 pm - Link - Report abuse 0It seems that brasilhole looked in the mirror and rejected reality.
Oct 04th, 2013 - 12:44 am - Link - Report abuse 0I must admit I am a little confused with the stats regarding Brazil. They claim inflation at 6% but if you go to a bank for a loan they charge you almost 40%. Another anomaly is that the benchmark central bank rate is 9% but if you have a savings account, say in Banco Santander for example you get only 5.7% Sounds very unreal, almost out of this world.
Oct 04th, 2013 - 05:35 am - Link - Report abuse 0USA on the brink on a default for not being able to pay its debt without loaning the Money, lecturing Brasil on how to manage their economy...
Oct 04th, 2013 - 08:23 am - Link - Report abuse 0Next up:
Brits lecturing Argentina on human rights.
I guess when a nation masters atrocities, the most natural step is to go out and spread the word...
What might be....what might....well spoken for an Ex pat
Oct 04th, 2013 - 09:12 am - Link - Report abuse 0Commenting for this story is now closed.
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