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Brazil just managed to skim recession last year with 0.1% growth but is expected to shrink in 2015

Saturday, March 28th 2015 - 11:15 UTC
Full article 28 comments

Brazil's economy grew just 0.1% last year, barely keeping the country out of a recession, the government's statistics bureau said on Friday. It was the worst result since 2009 and bad news for President Dilma Rousseff, whose popularity has plummeted along with Brazil's economic performance. Read full article


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  • ChrisR

    So these are the “official” figures?

    Do we believe them?

    Ha, ha, NO chance.

    Brazil has been in recession for most of last year.

    Mar 28th, 2015 - 11:30 am - Link - Report abuse 0
  • Brasileiro

    The oil and gas industry is returning to operate, investing heavily in the development of our oil fields. It is planned to sign 16 leniency agreements between the CGU (Controladoria Geral da União) and the companies involved in corruption cases of the Petrobras.

    Maybe it makes the difference between growth and recession in 2015.

    From 2016 and with Quinca settings, my Brazil will return to play on the green lawns!

    Mar 28th, 2015 - 01:30 pm - Link - Report abuse 0
  • Stevie


    Mar 28th, 2015 - 01:59 pm - Link - Report abuse 0
  • Captain Poppy

    Stevie!!! the man trying to rise to a Mexican, sapping the generosity of's it going? make it back to South America yet?


    The U.S. economy has weathered a number of storms over the past six years — from a European debt crisis to last year's polar vortex and frigid winter storms. Yet it managed to keep moving ahead. The severe winter last year threw the economy into reverse, with GDP contracting at an annual rate of 2.1 percent in the first quarter of 2014. Analysts believe the economy is taking a similar, but less severe, hit this winter as well. Forecasters at Macroeconomic Advisers say this year's winter storms will trim first quarter growth by about 0.7 percentage point to around 1.7 percent.


    While the bad weather depressed first quarter activity, many economists predict a solid bounce back in the second quarter, similar to the March-June period of 2014 when growth jumped to 4.6 percent. This time around, the rebound is unlikely to be as dramatic since the first quarter contraction was not as deep.”

    Shit happens in a “supple and demand” economy.....unlike a communist/socialist one like you hero in Argentina. We call this an market economy.....not based on theft like in MOST of SA where graft, corruption and bribery is the rule and not exception. But what do you know, you are not in SA.

    However.......back to Brazil:

    can you give me some advise for Bariloche? Oh no, you can't. lolololololol

    Mar 28th, 2015 - 02:37 pm - Link - Report abuse 0
  • Stevie




    Mar 28th, 2015 - 04:01 pm - Link - Report abuse 0
  • Captain Poppy

    If nothing least you can klingon to hope. You make back to your fatherland yet? when I lose my Properties, money and ability to freely travel........I will worry. In the meantime join me for a cigar in Bariloche and we can remember the good old days when latin commies were open game.

    Mar 28th, 2015 - 05:28 pm - Link - Report abuse 0
  • Stevie

    Did the UK sign the AIIB?

    How about Germany? Italy? France?

    I'm sure Australia will follow your proposition and not sign... or?


    Mar 28th, 2015 - 05:41 pm - Link - Report abuse 0
  • Jack Bauer

    Just postponing the inevitable.....recession in 2015....and 2016 ??

    Mar 28th, 2015 - 10:12 pm - Link - Report abuse 0
  • Captain Poppy

    Wasn't there a song. Wishing And Hoping? Let's reminisce about the cold days of latin commie targets? Where are you hiding these days?

    Mar 28th, 2015 - 11:00 pm - Link - Report abuse 0
  • Stevie

    How about South Corea? Them signing too now?

    And the Euro states? Founding members? What's that all about?


    Mar 28th, 2015 - 11:18 pm - Link - Report abuse 0
  • Skip

    Did Stevie just compare a QoQ growth with YoY?



    Mar 29th, 2015 - 01:57 am - Link - Report abuse 0
  • Captain Poppy

    Perhaps.....he is rambling talking to no one.

    Stevie care to join me on Bariloche for pesos?

    Mar 29th, 2015 - 02:05 am - Link - Report abuse 0
  • ilsen

    Stevie is always a FAIL, that is for sure,

    Mar 29th, 2015 - 04:28 am - Link - Report abuse 0
  • Stevie

    I'm asking you enlightened ones.... Care to explain?

    Mar 29th, 2015 - 08:48 am - Link - Report abuse 0
  • Captain Poppy that you are back posting, will Pablo disappear again as in the last time you re-appeared? Does to take too much emotional energy to maintain both persona's at the same time?

    (watch for PC)

    Mar 29th, 2015 - 01:26 pm - Link - Report abuse 0
  • Stevie

    I'm gonna root for a yes.

    What's a founding member?

    Mar 29th, 2015 - 02:45 pm - Link - Report abuse 0
  • Captain Poppy

    I am time sensitive as I am heading out.

    Is that a question for me? About what?


    Are you going to answer my question on free will?

    Mar 29th, 2015 - 04:03 pm - Link - Report abuse 0
  • CabezaDura2

    Brazil is destined geographically to fail. Its only going to go worse for them. Argentina has a chance as of 2016 to start reclaiming markets and overcome Brazil as the South American dominant power and send Brazil's insane Itamaraty foreign policy down the toilet that did nothing but support terrorist and oppressive regimes in South America since the 2000s.

    Mar 30th, 2015 - 01:11 am - Link - Report abuse 0
  • ChrisR

    @ 18 CabezaDura2
    “Argentina has a chance as of 2016 to start reclaiming markets and overcome Brazil as the South American dominant power”

    ONLY if you have a better president than TMBOA AND the whole country stops thieving, working at earning money and paying their taxes!

    Too much, too far methinks!

    Mar 30th, 2015 - 11:49 am - Link - Report abuse 0
  • Skip

    “South American dominant power”


    Brazil is going to give that much ground. Jesus talk about deluded.

    Mar 30th, 2015 - 01:27 pm - Link - Report abuse 0
  • CabezaDura2

    20. Brazil is a landlocked country. Argentina is not.

    A futher fall in the commoditie prices Brazil is doomed.

    Argentina should have to Brazil the same kind of relationship that the USA has over Canada.

    Mar 30th, 2015 - 02:00 pm - Link - Report abuse 0
  • Captain Poppy

    When did Brazil become landlocked? They have the Caribbean sea and Atlantic ocean.

    Mar 30th, 2015 - 03:19 pm - Link - Report abuse 0
  • CabezaDura2

    And how do you get the Mato Grosso commodities to the ports in the Atlantic Ocean or Caribbean Sea??

    Soy producers in Salta are going bust as they cant afford the lorries to the ports in the Parana and have no train network available an they are crushed by falling international prices.

    Salta and the North of Argentina was never an agricultural region like the Pampas.

    Imagine farmers in Brazil

    Mar 30th, 2015 - 03:31 pm - Link - Report abuse 0
  • Captain Poppy

    Regardless of you question, Brazil is not landlocked.

    Mar 30th, 2015 - 04:21 pm - Link - Report abuse 0
  • CabezaDura2

    “With all that said, Argentina is still the power in South America with the clearest, most likely growth path. It still holds the Rio de la Plata's river network and it still holds the Pampas, the best farmland in the Southern Hemisphere. What it cannot seem to figure out is how to make use of its favorable position. So long as that remains the case — so long as the natural dominant power of the Southern Cone remains in decline — other powers have at least a chance to emerge. Which brings us back to Brazil.”

    Imperative Three: Expand into the Rio de la Plata Region

    “There also looms a much more significant — potentially bruising — competition. Brazil cannot be truly secure until at the very least it controls the northern shore of the Rio de la Plata. That requires significant penetration into Paraguay and de facto control of Uruguay and of select pieces of northern Argentina. Were that to happen, Brazil's interior would have direct access to one of the world's most capital-rich regions. The marriage of such capital generation capacity to Brazil's pre-existing bulk will instantly transform Brazil into a power with global potential.

    But not before. Without these territories, the Southern Cone balance of power remains in place no matter how weak Argentina becomes. So long as Argentina can exercise functional independence, it persists as a possible direct threat to Brazil, constrains Brazil's ability to generate its own capital and exists as a potential ally of extraregional powers that might seek to limit Brazil's rise.”

    Mar 30th, 2015 - 04:27 pm - Link - Report abuse 0
  • Skip

    Colombia has a Pacific AND a Atlantic/Carribean Coast.

    It is also at the nexus of North/Central America, South Amefica and the Carribean.

    It has a larger population. More market friendly policies promoting higher growth, lower inflation and more free trade agreements.

    Its economy is larger than Argentina's

    Its government promotes a slow and steady approach to dealing with issues instead of knee jerk populism as in Argentina. A new president isn't going to change that in Argentina.

    Argentina has great potential. But there is nothing that happening that shows it will change its several decade decline.

    Brazil and Colombia have much greater potential. If Brazil turned its back on Argentina then it would boom. Argentina is the biggest constraint on Brazil.

    Mar 31st, 2015 - 06:18 am - Link - Report abuse 0
  • yankeeboy

    Argentina will never be a powerhouse of anything. Its too corrupted. You'd have to eliminate millions upon millions of slum dwellers and peronistas to thrive.
    I don't see that happening in the next generation.
    Unless there's a military coup.
    One can hope.

    Brazil is the same but to a lesser extent.
    Its bigger and richer so it will take longer.

    Mar 31st, 2015 - 12:06 pm - Link - Report abuse 0
  • CabezaDura2


    Colombia just as well as Brazil is, a tropical climate country. You can’t do winter crops like in Argentina or the US. You can just do corn and shit beef like Zebu. They don’t have rivers that run through their interiors and enable the access of global markets of their own goods and commodities and you need labor intensive economy to pick up the fruit from the trees.

    Beside from the fact that Colombia hasn't being able to control their territory for over half a century and is the second largest cocaine producer in the world, why have you failed to notice Colombia has yet to establish itself as a credible, stable, peaceful and secure country??

    Just a few GDP per capita units that Argentina increases again and appreciation of the Argentine peso we will be over them again in no time.

    Its completely reversible over a couple of years.

    Mar 31st, 2015 - 02:17 pm - Link - Report abuse 0

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