According to a recent report from the Department of the Treasury, investors from the United States are rapidly fleeing the once most promising and three largest countries of Latin America (Brazil, Mexico and Argentina). Read full article
Just like blaming COVID outcomes on 'populist' leaders, economic investment performance, or the lack thereof, is now blamed on 'extremist' leaders. Mind you, these populists, so unpopular with crony capitalists, were duly elected by their populace and in past decades, US moneybags had no problem at all dealing with all sorts of dictatorial regimes around the world, frequently never legitimized by the electorate. It all depends, it seems, on the particular flavor of political and ideological bias holding sway among the US ruling elite.
In Brazil there are no longer rentiers and volatile foreign investments. Our Stock Exchange is lean. Who insures the stability of the Stock Exchange is our own people and capital.
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Disclaimer & comment rulesJust like blaming COVID outcomes on 'populist' leaders, economic investment performance, or the lack thereof, is now blamed on 'extremist' leaders. Mind you, these populists, so unpopular with crony capitalists, were duly elected by their populace and in past decades, US moneybags had no problem at all dealing with all sorts of dictatorial regimes around the world, frequently never legitimized by the electorate. It all depends, it seems, on the particular flavor of political and ideological bias holding sway among the US ruling elite.
May 10th, 2021 - 04:04 pm - Link - Report abuse 0Geeeeeeeeeee...
May 10th, 2021 - 09:01 pm - Link - Report abuse 0Ya ain't a complete Okie from Muskogee after all..., Mr. Hayfort...
I suspect that this type of movement is more a reflection of the perceived increase of ‘risk’ in those countries, rather than any ideology.
May 11th, 2021 - 11:18 am - Link - Report abuse 0A simple business calculation rather than an ideological one.
If the return is high enough someone will always invest, even Argy Gov bonds get bought.
In Brazil there are no longer rentiers and volatile foreign investments. Our Stock Exchange is lean. Who insures the stability of the Stock Exchange is our own people and capital.
May 12th, 2021 - 02:28 pm - Link - Report abuse 0https://www.youtube.com/watch?v=_YYmfM2TfUA&list=FLmXPTu1f8AdGlizWNiASx2A&index=6
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