MercoPress. South Atlantic News Agency
Brazil expected to announce massive injection of loans to revive the economy
Brazil’s Finance Minister Nelson Barbosa is expected to announce as much as 60bn Reais (US$15bn) in loans as the government seeks to revive growth amid the worst economic downturn in over a century. Read full article
Comments
Disclaimer & comment rulesLoans won't help.
Jan 28th, 2016 - 12:46 pm - Link - Report abuse 0They're following the Chinese model without the huge reserve account.
You can't fix a structural problem and a decade+ of a fake economy with a little bit of cash..
This is only going to get worse until there's a revolt for both countries.
Let's see which one happens first.
“Brazil is fighting inflation” Uhm. Brazil is in the fight of its life against a marxist regime and its hijacking of the central bank and oil company. The capital will continue to fly out and now it's taking down finally chilean stocks and US markets.
Jan 28th, 2016 - 05:27 pm - Link - Report abuse 0There they go, Dilma and Barbosa, just digging the hole deeper. More than one-third of the population are already in debt up to their necks, and the Government thinks that these people will take new credit - if they can qualify - to buy new homes ......especially when 41% of credit takers for new homes, in 2015, defaulted and had to return the homes to the banks...
Jan 28th, 2016 - 06:43 pm - Link - Report abuse 0They think they can spend 'themselves' - or rather, the 'people's resources' - out of the recession.
The first step to solve the problem of the economy is to prohibit speculative foreign capital inflows in the stock market or the application of foreign money in treasury bonds.
Jan 28th, 2016 - 06:53 pm - Link - Report abuse 0The second step is to get out of the SWIFT and use only the BRICS system of international financial transfers.
The third step is to accumulate international reserves into yuan or a basket of currencies of the BRICS.
The fourth step is to give trade preferences to countries that adhere to the new system BRICS.
https://www.youtube.com/watch?v=C_ccpgXfPoU&index=5&list=FLmXPTu1f8AdGlizWNiASx2A
I suggest Brazil immediatly take all of its u$ reserves and put it into all the RIC currencies.
Jan 28th, 2016 - 09:29 pm - Link - Report abuse 0Bahahahahhaa
You're better off investing in toilet paper.
Gads what a dummy.
Why RIC? The correct name is bRICs.
Jan 28th, 2016 - 10:31 pm - Link - Report abuse 0https://www.youtube.com/watch?v=3KquHpO2VWI&list=FLmXPTu1f8AdGlizWNiASx2A&index=9
You can't have your own currency as reserves so no B.
Jan 28th, 2016 - 11:26 pm - Link - Report abuse 0You're as dumb as a box of rocks.
And who said that Brazil wants to have domain?
Jan 29th, 2016 - 12:16 am - Link - Report abuse 0https://www.youtube.com/watch?v=uhMa7S0B7e0&list=FLmXPTu1f8AdGlizWNiASx2A&index=25
Please ask the someone to post for you in English.
Jan 29th, 2016 - 12:19 am - Link - Report abuse 0That sentence makes no sense.
BTW you don't have domain over anything including a mosquito.
I said. We want to rule the world ! !
Jan 29th, 2016 - 12:25 am - Link - Report abuse 0BRICS
That will never happen.
Jan 29th, 2016 - 12:56 am - Link - Report abuse 0Through corruption and the stupidity of Marxism, Brazil took everything it won in the 90s and brought your country down to a depression not seen since 1900s.
Russia and China are not far behind.
India will eventually do well because it speaks English.
Once they learn to stop pooping on the streets...that is..
Brazil has too many poor stupid people. It will never be better than it is right now.
China will collapse, decentralize and go back to being in isolation. Maybe go into war with Russia or India or both.
Russia is in collapse it is in a death spiral with its population ( like China) and soon enough the OCED countries won't be using oil for transportation then its done. It may also get into a war with Turkey soon and it will lose.
BRIC nations were done 2 year ago when commodities collapsed.
Never again in our lifetimes will any of them move further than they are right now.
Then the future is Europe?
Jan 29th, 2016 - 01:01 am - Link - Report abuse 0Immigration of Muslims not integrating into the society will drive Germany and France to Nationalism and the far right as their economies begin to feel the strain of this EURO block. It is already happeing now.
Jan 29th, 2016 - 01:11 am - Link - Report abuse 0The EU will basically go back to what it was in the 90s before all the EURO b/s.
A rich trade block without an uber-gov't.
Italy's banks are collapsing now, Spain Portugal and Greece will never be better than they are right now. In fact they may get very much worse as Germany starts to fail.
And now?
Jan 29th, 2016 - 01:31 am - Link - Report abuse 0And now what?
Jan 29th, 2016 - 01:35 am - Link - Report abuse 0Germany's exports a lot to China and their exports are dropping like a rock. China will keep depreciating thinking that will help their economy ( it won't ) but it will put German imports way out of reach. They're done they just don't know it yet.
@4 BRasshole
Jan 29th, 2016 - 02:16 pm - Link - Report abuse 0You refuse to listen to the facts...why don't you inform yourself better, then you'd conclude that the cause of the crisis in Brazil is MAINLY internal. You continually harp on “speculative foreign capital inflows” as the cause, but they have nothing to do with the incompetence of the fat cow, or the corruption scandals....the crisis stems from the lack of trust which has resulted from the way the PT has conducted this country for the last 14 years. Until the ignorant 'petistas' realize this, Brazil will carry-on 'sambando' it's way down the toilet.
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