Analysts expect Brazil's economy to contract by 3.62% this year, with inflation hitting 10.61%, the Central Bank said Monday. GDP and inflation estimates come from the Boletin Focus, a weekly Central Bank survey of analysts from about 100 private financial institutions on the state of the national economy. Read full article
Comments
Disclaimer & comment rulesNo boom lasts forever.
Dec 15th, 2015 - 08:57 am - Link - Report abuse 0The trick is to know when it's starting to wind down before changing. Not wait for the bust and then dither about what to do.
Lower interest rates to 4% per annum, stimulating growth through public policies, sell the dollar reserves and settle domestic debt (as there is no public external debt), use public surplus of 400 billion yuan to boost currency swap with the central banks of BRICS.
Dec 15th, 2015 - 08:58 am - Link - Report abuse 0And finally sign trade and military agreement with the BRICS.
https://www.youtube.com/watch?v=gaYtzmlhxLA
Thankfully Australia's recent free trade agreement with China didn't involve a military takeover.
Dec 15th, 2015 - 11:20 am - Link - Report abuse 0If that is what Brazil desires then enjoy.
2. That would be the same idiotic solution that Argentina used to get itself into its current mess.
Dec 15th, 2015 - 12:48 pm - Link - Report abuse 0Do you really want 4o+% inflation and worthless currency?
Get rid of the massive subsidies and cut the deficit. That's the only solution that's left.
The solution does not pass through the United States. So while we keep any trade or business with the United States we will be subject to decay and swelling where you live.
Dec 15th, 2015 - 01:19 pm - Link - Report abuse 0Also our economies are competitors and are not complementary. We fight for the same markets and in most cases with the same products. Trading in dollar is the same as burying Brazil and South America alive!
#5
Dec 15th, 2015 - 02:10 pm - Link - Report abuse 0I am sure Brazil will be in safe hands if they follow your economic policies....or else a complete disaster. However, you have absolutely NO say in the matter.
Sigh of relief from the Brazilian public.
Brazil's trade numbers are insignificant to USA trade. You may have some marginal products where we compete but they're so few and far between that we would never consider them to be real competition.
Dec 15th, 2015 - 02:14 pm - Link - Report abuse 0Really the only Brazilian product that I see on a daily basis is Embraer they are very competitive in that nitch of air travel. I guess because our air mfgs are concentrating on the more profitable long-haul planes and military.
I think you forget how small the GDP of Brazil is as compared to the USA. We export more than 1/2 of your total GDP. Export mind you and our exports could disappear and we'd still be the largest richest country in the world by far.
I still think it's a mistake to approach with the United States. USA is a bloated country with low productivity that only manages to stay standing because a part of the world still accepts the dollar as a source of foreign exchange reserves.
Dec 15th, 2015 - 02:35 pm - Link - Report abuse 0So in my opinion, the sooner we isolate the US in relation to the giant markets of BRICS, much better for the world that actually produces. That is, our world!
7) Before you know it, we will export more than 2/3 of their total GDP... *nudge*
Dec 15th, 2015 - 02:47 pm - Link - Report abuse 08) Low productivity?!? This is coming from a commenter from a country for which it has already been proven that productivity gains had nothing to do with increases of GDP of the 2000's. Combine your p*ss-poor productivity from the 80's and 90's, and we arrive at an economy that receives a double whammy from poor private-sector management and a government that has just about squeezed all the juice out of the productive orange. It's going to be a long 2016.
Yes. Low productivity, obsolete and aging infrastructure and the worst: Extremely insolvent with negative net equity!
Dec 15th, 2015 - 02:59 pm - Link - Report abuse 0Bye bye 5 Fives!
You're obviously talking about Brazil or China certainly not the USA.
Dec 15th, 2015 - 03:11 pm - Link - Report abuse 010) Show me some of those productivity numbers. I'd love to see them stacked up against Brazil.
Dec 15th, 2015 - 03:20 pm - Link - Report abuse 0USA is a castle made of dollar bills at seaside ..... and the wind is rising!
Dec 15th, 2015 - 03:39 pm - Link - Report abuse 0Just another breath and everything collapses.
Total War!
Are you drinking poisoned water like everyonee in Rio and San Paulo? Is that what is making you delusional?
Dec 15th, 2015 - 03:43 pm - Link - Report abuse 0#10
Dec 15th, 2015 - 05:25 pm - Link - Report abuse 0Bye bye Brazil...you are sinking like a BRIC. Wait until you get a bill for your Olympic games. Oh dear !!!!!
@15
Dec 15th, 2015 - 05:38 pm - Link - Report abuse 0Here everything has been properly paid. Or do you think that we are you that get into debt to build something?
Do you are thinking that here is your country in debt?
Bye bye 5 Eyes!
16. You may want to take a look at Brazil's cash flow. Its not too pretty right now and its going to be downright scary next year.
Dec 15th, 2015 - 06:20 pm - Link - Report abuse 0@18 With the surplus that Brazil will have in 2016 we can buy the whole Florida.
Dec 15th, 2015 - 06:35 pm - Link - Report abuse 0You better learn to speak Portuguese and Chinese. You will need to continue employable.
:)
No the 5 eyes don't work for 3d world countries such as yours.
Dec 15th, 2015 - 08:10 pm - Link - Report abuse 018. I'm not worried, there won't be any surplus in either China or Brazil.
Dec 15th, 2015 - 08:43 pm - Link - Report abuse 018) Já falo português, e depois de ler tudo sobre a economia brasileira de Agência Brasil, Veja, Folha, e vários jornais do Recife, Fortaleza, Florianópolis, Porto Alegre e Manaus... o que você está nos dizendo é totalmente mentira.
Dec 15th, 2015 - 09:20 pm - Link - Report abuse 0@ 16 Brasileiro (#)
Dec 16th, 2015 - 02:16 am - Link - Report abuse 0Dec 15th, 2015 - 05:38 pm
@15
Here everything has been properly paid [Olympics]. Or do you think that we are you that get into debt to build something?
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Really? I think my eye-brows just went into the Stratosphere!!!!!!!!!!!
Wow! You really believe that Brazil won't get into Debt from the Olympics?
Wow! That river water must be mighty tasty if you can swallow the poison... Is it hallucinogenic?
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