MercoPress, en Español

Montevideo, December 19th 2024 - 17:43 UTC

 

 

Brazil's Central bank Focus weekly negative report

Tuesday, December 15th 2015 - 08:32 UTC
Full article 22 comments

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 rules
  • Skip

    No boom lasts forever.

    The 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.

    Dec 15th, 2015 - 08:57 am - Link - Report abuse 0
  • Brasileiro

    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.

    And finally sign trade and military agreement with the BRICS.

    https://www.youtube.com/watch?v=gaYtzmlhxLA

    Dec 15th, 2015 - 08:58 am - Link - Report abuse 0
  • Skip

    Thankfully Australia's recent free trade agreement with China didn't involve a military takeover.

    If that is what Brazil desires then enjoy.

    Dec 15th, 2015 - 11:20 am - Link - Report abuse 0
  • yankeeboy

    2. That would be the same idiotic solution that Argentina used to get itself into its current mess.
    Do 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.

    Dec 15th, 2015 - 12:48 pm - Link - Report abuse 0
  • Brasileiro

    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.

    Also 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!

    Dec 15th, 2015 - 01:19 pm - Link - Report abuse 0
  • Clyde15

    #5
    I 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.

    Dec 15th, 2015 - 02:10 pm - Link - Report abuse 0
  • yankeeboy

    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.
    Really 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.

    Dec 15th, 2015 - 02:14 pm - Link - Report abuse 0
  • Brasileiro

    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.

    So 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!

    Dec 15th, 2015 - 02:35 pm - Link - Report abuse 0
  • LatAmBurgher

    7) Before you know it, we will export more than 2/3 of their total GDP... *nudge*

    8) 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.

    Dec 15th, 2015 - 02:47 pm - Link - Report abuse 0
  • Brasileiro

    Yes. Low productivity, obsolete and aging infrastructure and the worst: Extremely insolvent with negative net equity!

    Bye bye 5 Fives!

    Dec 15th, 2015 - 02:59 pm - Link - Report abuse 0
  • yankeeboy

    You're obviously talking about Brazil or China certainly not the USA.

    Dec 15th, 2015 - 03:11 pm - Link - Report abuse 0
  • LatAmBurgher

    10) 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 0
  • Brasileiro

    USA is a castle made of dollar bills at seaside ..... and the wind is rising!

    Just another breath and everything collapses.

    Total War!

    Dec 15th, 2015 - 03:39 pm - Link - Report abuse 0
  • yankeeboy

    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
  • Clyde15

    #10
    Bye bye Brazil...you are sinking like a BRIC. Wait until you get a bill for your Olympic games. Oh dear !!!!!

    Dec 15th, 2015 - 05:25 pm - Link - Report abuse 0
  • Brasileiro

    @15
    Here 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!

    Dec 15th, 2015 - 05:38 pm - Link - Report abuse 0
  • yankeeboy

    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
  • Brasileiro

    @18 With the surplus that Brazil will have in 2016 we can buy the whole Florida.

    You better learn to speak Portuguese and Chinese. You will need to continue employable.

    :)

    Dec 15th, 2015 - 06:35 pm - Link - Report abuse 0
  • Clyde15

    No the “5 eyes” don't work for 3d world countries such as yours.

    Dec 15th, 2015 - 08:10 pm - Link - Report abuse 0
  • yankeeboy

    18. I'm not worried, there won't be any surplus in either China or Brazil.

    Dec 15th, 2015 - 08:43 pm - Link - Report abuse 0
  • LatAmBurgher

    18) 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
  • ilsen

    @ 16 Brasileiro (#)
    Dec 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?
    ------

    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?

    Dec 16th, 2015 - 02:16 am - Link - Report abuse 0

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!