MercoPress. South Atlantic News Agency
Rousseff eyeing foreign reserves to boost economy and cash strapped government
President Dilma Rousseff said on Friday that her cash-strapped government could consider tapping into Brazil's sizeable foreign reserves at a given moment, an idea that troubles investors already worried about the country's economic decline. Read full article
Comments
Disclaimer & comment rulesWant to boost the economy - REALLY?
Jan 23rd, 2016 - 10:53 am - Link - Report abuse 0Then just make sure that the STOLEN Billions are returned by the corrupt politicians / officials and the problem gets solved!
At least Bad Wolf correctly write your own name in Portuguese!
Jan 23rd, 2016 - 12:14 pm - Link - Report abuse 0Excellent news. Besides all we get a little farther from the West.
https://www.youtube.com/watch?v=Cj_mW22ioZo&index=2&list=FLmXPTu1f8AdGlizWNiASx2A
Just like Venezuela and Argentina.
Jan 23rd, 2016 - 12:41 pm - Link - Report abuse 0Told ya the Marxist Monkeys would go back to what they know.
Stealing and squandering built up wealth.
They're doomed.
After the losses that speculators were betting on the SELIC high, it would be better the Washington Consensus school economists remain silent.
Jan 23rd, 2016 - 01:05 pm - Link - Report abuse 0The market assumes that speculators have lost $ 20 billion with the maintenance of SELIC! hahahahahaha
Inflation is falling rapidly. Brazil needs to rescue our national debt with dollars that are abroad. The reduction in interest rates will provide a smooth transition.
The Brazilian people wants Brazil return to the country of production and employment. I do not think that's being a communist, but if it is, I want to be from now on.
https://www.youtube.com/watch?v=I2P6gV-TDCg&index=8&list=FLmXPTu1f8AdGlizWNiASx2A
Keeping the SELIC where it was was a big mistake.
Jan 23rd, 2016 - 01:28 pm - Link - Report abuse 0Inflation is not falling according to any of the stats
Rial is in free fall
I expect it going to 6/1 anytime now
You're right behind Venezuela.
They too have burned through their reserves trying to maintain the gov't support
When PBR finally collapses all will be lost in Brazil
It hasn't been this bad in Brazil since the 1930s
and its still just the beginning....
If the dollar reach 7 real we will destroy the US agriculture and livestock. If the dollar reach 7 reais the Brazilian trade surplus of 50 billion dollars in 2016 will exceed 90 billion dollars.
Jan 23rd, 2016 - 01:36 pm - Link - Report abuse 0Therefore, since we are good capitalists, NOT SPECULATORS, we will invest in our business, what we believe.
https://www.youtube.com/watch?v=55gxqsU20UM&list=FLmXPTu1f8AdGlizWNiASx2A&index=6
Only in an alterverse would anything from Brazil “destroy” any segment of our economy. Your businesses are insignificant to our economy.
Jan 23rd, 2016 - 01:43 pm - Link - Report abuse 0If the Rial reaches 6 most every one of your large mfgs will be bankrupt, they're already having a problem at 4/1, inflation will be 30-40% and there will be massive civil unrest.
Your reserves even now are falling at U$20B a month and its accelerating as everyone moves out as much as they can as fast as they can. That means you have about a year left and you can't get it to zero without the Rial spinning out of control.
Have you not watch Venezuela?
Not only that you have a the Zika virus hitting and still have a drought in your two biggest cities.
You have no idea how bad it is in Brazil.
You're just like Toby a few years ago talking about Argentina.
and boy was he wrong...
With the dollar at 7 Reais Brazil does not have enough people to work in companies that produce things needed for import substitution.
Jan 23rd, 2016 - 01:54 pm - Link - Report abuse 0And the US break is anticipated. You are already crippled, to drown them lack very little.
In various fields of human civilization we are the top. We are self-sufficient in everything. Breaking a country like Brazil is impossible.
The Empire of you is ill, is swollen. The US reaction capacity is gone. Your government does not govern more you own, the more the world!
https://www.youtube.com/watch?v=LLbqCoD8mLc&list=FLmXPTu1f8AdGlizWNiASx2A&index=11
Except you lack the capital to ramp up mfg for import substitution. Nobody is going to invest in a sinking ship.
Jan 23rd, 2016 - 02:09 pm - Link - Report abuse 0The wealthy adn companies have moved their money to the US already.
BTW you import most of your fertilizer how do you think the farmers can afford it at 6/1 and the current price of Soy.
You're a silly monkey without much education.
You are living in a fantasy land.
Brazil is more like Venezuela than the USA and they're going into Famine.
The USA is so large and rich, with most every country in the world counting on US and using the U$ for their trade. We'll never fail. We set it up long ago that no country could ever overtake or hurt us.
We barely export any of our goods, less than 10% of GDP and most of that is to Canada and Mexico.
The rest of the world matters little to US.
Brazil is insignificant no matter how you look at it.
We do not import more fertilizers. Two years ago we did not sign any fertilizer purchase agreement. Our mines already produce enough potassium for our self sufficiency.
Jan 23rd, 2016 - 02:20 pm - Link - Report abuse 0Your country will soon go hungry when we destroy its agriculture. You are eternal deficit in trade. You consume the savings of Europe. You are weak and bringing Europe together. There is more confidence in their currency in the third world. Many do not want to receive dollars in purchase and sale transactions of equity. When it reach in consumer you will be squashed!
https://www.youtube.com/watch?v=pU0o0hdAqwc&list=FLmXPTu1f8AdGlizWNiASx2A&index=38
How could Brazil destroy our Agriculture? We buy most of our own stuff and import what we can't produce locally.
Jan 23rd, 2016 - 02:33 pm - Link - Report abuse 0We'll never go hungry
That's envy talking.
I am curious which 3rd world currency has generated confidence lately? All I see is they're all falling rapidly against the mighty U$.
When what reaches the consumer? Which Consumer?
Please bring back the Bras that has some English proficiency.
You're as dumb as a rock.
You know what we're doing now? Harvesting largest corn crop, soy, cane sugar, wheat, rice and beans in the history.
Jan 23rd, 2016 - 02:44 pm - Link - Report abuse 0You should ask for a raise of benefits provided by the state for their farmers, or they fail to pay their debt with the banks!
https://www.youtube.com/watch?v=bFRBQjBuQmo&index=54&list=FLmXPTu1f8AdGlizWNiASx2A
Viva o Shale Oil!
Except we don't buy any of that and export very little of it.
Jan 23rd, 2016 - 03:04 pm - Link - Report abuse 0So again, how does that affect the USA?
Cheap oil wherever it comes from is fine with us. When we need it we know where it is and can easily ramp up.
Win win.
Brazil on the other hand has only PBR which will probably be bankrupted by the eoy.
Or at least will have all the best parts of the company sold off to pay their Astronomically huge U$ debt.
:)
Did your Mom have Zika?
Do you have an abnormally small head?
Zika is a tropical zoonosis. We have to fight it and at the same time let our bodies adapt to the virus.
Jan 23rd, 2016 - 03:16 pm - Link - Report abuse 0No use playing against Mother Nature. We are part of her. And when she wants to fuck us she has the power.
Either way is further evidence that the NoAm and English will not be well received in Brazil.
Olympics 2016!
The outbreak is because of all the people storing water because the city turns it off most of the day.
Jan 23rd, 2016 - 03:22 pm - Link - Report abuse 0Its outbreak is a gift from your incompetent gov't.
Marxists always end up killing the very people they claim to support
I wish the Olympic athletes well, no air condition eating rice/beans, communal Tvs and last but not least all of their water activities in raw sewage.
The Olympics should never be held in 3rd world sh8tholes.
Maybe. We may need the Olympic Games BRICS. And leave the West with their games.
Jan 23rd, 2016 - 03:34 pm - Link - Report abuse 0I think we'll do well.
If you do not now boycott the games of Brazil, the Brazil we boycott yours for sure.
I'm just sorry to see the beatings that our volleyball would in yours.
https://www.youtube.com/watch?v=Zps5e3MQVnU&list=FLmXPTu1f8AdGlizWNiASx2A&index=102
Volleyball? Is that a olympic sport? wow, who knew?
Jan 23rd, 2016 - 03:56 pm - Link - Report abuse 0BRICS are failed. Except for India they're all on the brink of collapse.
Civil unrest is just about to break out
So good luck with that
I hear they burned a few busses last week in your sh*thole country.
Over a two dime fare increase
bahahahahaha
Is true. And I think it's fair. Life is the most important thing for us. No buses. But speculators use all possible and impossible argument to prove that their money is smarter than other people's money.
Jan 23rd, 2016 - 04:05 pm - Link - Report abuse 0For how many buses you sell your life?
We are not the police butchers who kill children in the churches or in the parks.
We are not you!
https://www.youtube.com/watch?v=xWPe6THbzuQ&list=FLmXPTu1f8AdGlizWNiASx2A&index=109
Nope your police just shoot the poor blacks with impunity
Jan 23rd, 2016 - 04:10 pm - Link - Report abuse 0Its so much easier than jailing them through those pesky courts.
A new 90-page report from Amnesty International titled You Killed My Son says law enforcement claimed the lives of 5,132 Brazilians in the city of Rio de Janeiro between 2005 and 2014, out of a total 8,466 killings in the state of Rio de Janeiro during that period.
http://time.com/3983338/brazil-police-killed-civilians-rio/
Sh*thole.
I wonder what's below that designation?
please please please put on the Bras that speaks English
You're obviously too dumb to learn.
Amnesty International? I never heard of her defending victims. It seems bandit thing created in the PCC in São Paulo.
Jan 23rd, 2016 - 04:21 pm - Link - Report abuse 0Or have you ever noticed that all the bad things happen in São Paulo? Maybe it's the fault of the capitalists! Who knows?
Zero tolerance! ........... I've heard about it somewhere ....... Atlantic City? Phoenix? New York?
https://www.youtube.com/watch?v=1lyu1KKwC74&index=114&list=FLmXPTu1f8AdGlizWNiASx2A
Unless you start posting in English I can't respond any longer.
Jan 23rd, 2016 - 04:23 pm - Link - Report abuse 0Your posts are incomprehensible.
Are you a monkey with a keyboard?
“Rousseff said she was neither for nor against using Brazil's international reserves, which total about $370 billion”
Jan 23rd, 2016 - 09:19 pm - Link - Report abuse 0“Neither for, nor against” ...WTF is that supposed to mean ? in the fat cow's demented brain, it probably means she hasn't the faintest clue of what to do. Maybe if she shot herself , the country would get back on track....
But regardless of what she thinks - or doesn't, who knows ? - the idea is the worst possible. Brazil, at the moment, has a reasonable reserve to fall back on.....she will squander this safety-net as well, and for what ? for the sake of staying in power...
@4 BRasshole
“Inflation is falling rapidly. Brazil needs to rescue our national debt with dollars that are abroad.”
Inflation is falling rapidly...where ? not here. And what 'Dollars are abroad' may I ask ? If you are referring to Dollar accounts held abroad by Brazilian citizens, don't think anyone will be stupid enough to bring their cash back, just to have 30% confiscated.
@10 BRasshole
“We do not import more fertilizers. Two years ago we did not sign any fertilizer purchase agreement. Our mines already produce enough potassium for our self sufficiency”
What a BIG lie....Brazil is becoming more and more dependent on imported fertilizer because local production is insufficient. And why is it insufficient ? Because the fucking Federal Government has no idea what serious planning is..
Why do you lie all the time, you imbecile ?
@14 BRasshole
“Zika is a tropical zoonosis. We have to fight it and at the same time let our bodies adapt to the virus. ”
“....and at the same time let our bodies adapt to the virus”......what are you, a green monkey from Central Africa, where they coexist with other viruses fatal to humans ?
Brasshole,
I agree with YB......your English is soooo shitty, not to mention your 'absurd ideas' - 'cause that's all they are - it's just not worthwhile trying to decipher the shit you write.
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