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Brazilian currency and markets drop on latest fiscal savings goals

Friday, July 24th 2015 - 10:39 UTC
Full article 18 comments

Brazil's currency, the Real, tumbled on Thursday after the government announced it would slash its fiscal savings goals for this year and next, raising investor fears that the country may lose its investment-grade credit rating. Read full article

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  • ChrisR

    They're doomed I say, doomed!

    Jul 24th, 2015 - 06:33 pm - Link - Report abuse 0
  • Troy Tempest

    #1

    I seriously hope not!

    Misery loves company, and it's not good for them to share company with the likes of Venzla and Arg.

    Jul 24th, 2015 - 08:42 pm - Link - Report abuse 0
  • Terence Hill

    1 ChrisR “They're doomed I say, doomed!”
    Based solely on your unqualified prediction. “The herd instinct among forecasters makes sheep look like independent thinkers. ” Edgar R. Fiedler

    Jul 24th, 2015 - 10:38 pm - Link - Report abuse 0
  • Brasileiro

    The more the dollar is worth speculation, the dollar is less important as a reference for conducting business.

    Becomes a monster who everyone away.

    Jul 25th, 2015 - 03:13 pm - Link - Report abuse 0
  • golfcronie

    @4
    Brasso, you save in Reals then do you? You are certainly very dumb but then you are Brazilian.

    Jul 25th, 2015 - 06:57 pm - Link - Report abuse 0
  • Terence Hill

    5 golfcronie
    You make the following statement “you save in Reals then do you?.. ..very dumb but then you are Brazilian.” You're not exactly the sharpest knife in the draw yourself, what do you expect him to save in Bluebacks? Here's a study on why people like you make these kinds of comments.
    “Low IQ & Conservative Beliefs Linked to Prejudice
    There's no gentle way to put it: People who give in to racism and prejudice may simply be dumb, according to a new study that is bound to stir public controversy.The research finds that children with low intelligence are more likely to hold prejudiced attitudes as adults. These findings point to a vicious cycle, according to lead researcher Gordon Hodson, a psychologist at Brock University in Ontario. Low-intelligence adults tend to gravitate toward socially conservative ideologies, the study found. Those ideologies, in turn, stress hierarchy and resistance to change, attitudes that can contribute to prejudice, Hodson wrote in an email to LiveScience.”
    http://www.livescience.com/18132-intelligence-social-conservatism-racism.html

    Jul 25th, 2015 - 07:27 pm - Link - Report abuse 0
  • ChrisR

    @ 5 golfcronie

    Welcome to the club of The Brainless One!

    Standby for some more hot air written by somebody with low intelligence himself:

    “Watch out Sam Harris, Gordon Hodson and Michael A. Busseri of Brock University are giving you competition for the worst use of statistics in an original paper.

    Their “Bright Minds and Dark Attitudes: Lower Cognitive Ability Predicts Greater Prejudice Through Right-Wing Ideology and Low Intergroup Contact” published in Psychological Science1—headlined in the press as Low IQ & Conservative Beliefs Linked to Prejudice—is a textbook example of confused data, unrecognized bias, and ignorance of statistics.

    Hodson and Busseri on are track to beat out Harris’s magnificent effort, and they might also triumph over the paper which “proved” brief exposure to the American flag turns one into a Republican and the peer-reviewed work “proving” exposure to 4th of July parade turns one into a Republican.

    “Not very good” being of course just my innate English understatement” - this being:
    http://www.forbes.com/sites/timworstall/2012/02/07/scientific-paper-conservatives-are-stoopid-so-there/

    Usual bollocks from The Brainless One. I am really beginning to wonder if he is a robotic troll as 'he' never varies what 'he' does.

    Jul 25th, 2015 - 07:45 pm - Link - Report abuse 0
  • Skip

    Interesting link Terence posted. I particularly liked this quote:

    “the researchers didn't conclusively prove that the low intelligence caused the later prejudice”

    Which sorta..... negated Terence's whole attack..... or maybe I'm too dumb to understand that.

    So Terence isn't the sharpest knife in the drawer after all.

    Oh and Brasileiro, if you saved in US dollars then you would be richer today than you are now.

    Jul 25th, 2015 - 11:36 pm - Link - Report abuse 0
  • Terence Hill

    7 ChrisR
    What a contradictory person you are, in fact you have just proved yourself an absolute hypocrite. You have just quoted a journalist from Forbes, who is quoting a another from the Guardian. Who states: “Someone who knows a great deal more about statistics than I do thinks that as science it’s not in fact very good.”
    So you have an article that relies on multiple hearsay, to refute a study by a psychologist in his area of expertise. When I went to school, such papers could only properly be rebutted by peer review.
    So after now promoting a journalist's opinion are you now abandoning your previous position on the proffession. “..an opinion poll in the UK about what professions are trusted came up with reporters, et al, in the penultimate to bottom place..” http://en.mercopress.com/2015/07/17/brazil-s-corruption-scandals-reach-lula-da-silva-probe-into-influence-peddling Yeah your a regular “Mary, Mary quite contrary”, you must have someone to dress you in morning, otherwise you'd never get out of the house with that conflicted thinking. Oops! that big head of yours and the rake keep colliding.

    Jul 25th, 2015 - 11:46 pm - Link - Report abuse 0
  • ChrisR

    @ 9 The Brainless One

    Try answering @ 8 Skip, if you cannot answer me properly, as usual.

    Jul 26th, 2015 - 06:18 pm - Link - Report abuse 0
  • Terence Hill

    10 ChrisR
    I not only answered, I utterly demolished your assertion and proved that your attempt to use journalists in contrary manners. Is not only completely unprincipled but estopped (barred) in law; Allegans contraria non est audiendus (Jenk. Cent. 16): “He is not to be heard who alleges things contradictory to each other.” This elementary rule of logic expresses, in technical language, the saying that a man shall not be permitted to “blow hot and cold” with reference to the same transaction, or insist, at different times, on the truth of each of two conflicting allegations, according to the promptings of his private interest. Says the Satyr, if you have gotten a trick of blowing hot and cold out of the same mouth, I've e'en done“ with ye. https://en.wikiquote.org/wiki/Legal_counsel
    It has certainly deflated you as you have no rebuttal and are attempting to hide behind the skirt of someone else's assertion; it took you over day to dream up that feeble response.
    ”Which sorta..... negated Terence's whole attack..... or maybe I'm too dumb to understand that.“ He's not going to get an argument from me on that score. As the report uses clearly the words ”may simply be dumb”, and Skip quantifies their observation. So don't be shooting the messenger because you and your buddy are possibly dumb

    Jul 26th, 2015 - 08:14 pm - Link - Report abuse 0
  • ChrisR

    @ 8 Skip

    Another member of the club of The Brainless One!

    It must be great to be so sanctimonious as Brainless and still think he is 'clever'.

    @ 11 The Brainless One

    I have no idea what the yellow refers to and as you clearly missed it (or, more likely, never read it properly) the poll was YouGov in the UK!

    The truth will dawn on you one day that the 'established press' in America are printing lies and always have done.

    Try watching Bill Mayer, several of his guests are just like you!

    PS: Nailed any arseholes today?

    Ha, ha, ha.

    Jul 26th, 2015 - 09:48 pm - Link - Report abuse 0
  • Terence Hill

    12 ChrisR
    Here's your litany of triumphs, you're unable too refute the contention “you may be dumb.” As the article first involves journalists, and you had already previously claimed they had no credibility, i.e. your barred from “blowing both hot and cold” on an issue. Secondly, the article relies on multiple hearsay, moreover, “someone” is not a credible citation. Thirdly, the writers have no credentials to assess the study, ergo “peer review.” Come on remind me again what a great big winner you are; what you've actually proved is nothing.
    “Nailed any arseholes today” Just the biggest one, you.

    Jul 27th, 2015 - 01:00 am - Link - Report abuse 0
  • ChrisR

    @ 13 The brainless One

    “Nailed any arseholes today” Just the biggest one, you.”

    As I said, so predictable!

    Jul 27th, 2015 - 05:54 pm - Link - Report abuse 0
  • yankeeboy

    The commodities crash and the marxist mentality will kill Brazil if lack of potable water doesn't do it first.

    Lots and lots of “peer” review “global warming” and now “climate change” ”science' has been debunked.
    I wouldn't put too much faith in that.
    Its merely a talking point of the left.
    Who've never run anything well for very long.

    Jul 27th, 2015 - 06:19 pm - Link - Report abuse 0
  • Terence Hill

    14 ChrisR
    I've buried you and all your feeble rhetoric so often I'm going to award you the honorific of the Zombie. It's not your fault you “may simply be dumb”.

    Jul 27th, 2015 - 10:06 pm - Link - Report abuse 0
  • ChrisR

    @ 16 The Brainless One

    You do realise what a dummy you make yourself look, don't you?

    It is getting boring in the extreme trying to goad you into thinking ahead or even making rational judgements on topics that are so clear cut it is unbelievable you cannot see the wood for the trees.

    But that is your problem, not mine.

    So don't expect any more posts from me.

    Jul 28th, 2015 - 06:16 pm - Link - Report abuse 0
  • Terence Hill

    17 ChrisR
    Good the Zombie has finally given up the ghost. When that rather large unrestrained ego of yours gets out of control again, the equalizer will be here to straighten you out. What I'm doing very well is showing you up in your true light. It's not your fault you “may simply be dumb”.

    Jul 28th, 2015 - 09:39 pm - Link - Report abuse 0

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