Comments for For This Arab Banker Brazil Has Become More Attractive to Investors than Europe at http://www.brazzilmag.com , comment 0 to 7 out of 7 comments http://www.brazzilmag.com Wed, 02 Dec 2009 12:56:12 +0100 FeedCreator 1.7.2 http://www.brazzilmag.com/content/view/10055/1/#pc_17706 When last week, In the Brazilian Real market article with Sotheby I stated what a B'shit it was, by providing the HIGH and last stock prices of several Brazilians Real Companies, One should talk to the Real Estate agents, like I have done!! There is a big credit squeeze already. The latest news is that we have already blown about $24 B to keep the exchange rate low, though without much success. That is around 12% of our hard earned reserves. The President has already declared that "if the crisis comes to our shores, the ministries will not get all the money they were promised". I think it is time for him to extinguish some ministries to save money. - João da Silva Tue, 21 Oct 2008 21:15:31 +0100 http://www.brazzilmag.com/content/view/10055/1/#pc_17698 When last week, In the Brazilian Real market article with Sotheby I stated what a B'shit it was, by providing the HIGH and last stock prices of several Brazilians Real Companies, of course the IDIOT AS USUAL AES told me as I am wrong as usual ! Right ? Then why the Brazilian Government wants to BOOST mortgage lending ? Yesssss - " Brazil's government also may offer special credit lines to builders and may give additional tax breaks to suppliers of services and material to homebuilders," - "Caixa Economica Federal, Brazil's government-controlled bank, may guarantee loans granted by other banks to construction companies, O Estado de S. Paulo newspaper reported Oct. 18, citing Teotonio Rezende, a spokesman for the bank. CEF, as the bank is known, also plans to offer credit lines to certain homebuilders" Let me tell you this : This has not happened in the EU or in the USA so far, for GOVERNMENTS HELPING DIRECTLY construction companies or provide special credit lines to builders !!!!!! - Is this because you Real Estate is doing well as the article stated or as said by the JUNKIE AES..or is doing BADLY as reflected in the companies stocks prices ???????? - WHICH GOVERNHMENTS ARE DIRECTLY HELPING THEIR..... NON-FINANCIAL INDUSTRIES ??????? Brazil and other emerging nations or the EU and the USA ???????? - ch.c. Tue, 21 Oct 2008 18:30:36 +0100 http://www.brazzilmag.com/content/view/10055/1/#pc_17696 Yessssss and No ! - the USA remains the locomotive, thus every recovery can only start also from there so much as for the declines ! - While you all believe the USA have the BIGGEST problems, you are ALL WRONG, because : In simple terms - The U.S. financial lenders invested mostly in USA - The European financial lenders loaned in USA, in the EU, in Eastern Countries (Russia and neighbouring countries) and also in Asia So far Europans Banks losses were mainly due to the U.S. real estate mess. so far European Banks have taken relatively minor losses from Europeans real mess....but losses WILL MOUNT ! So far European Banks have taken even lower losses from Eastern Countries and Asia. A majority (not all) of thzese loans outside the EU were made in US$. If one looks closely of what happened recently was The U.S. Fed PROVIDED hundreds and hundreds of billions U.S. DOLLARS of liquidity to the Europeans CENTRAL BANKS who then transferred the money to their own banking system ! The Europeans Central banks acted ONLY iNTERMEDIARIES. Therefore now owed by the European banking system. And this was of course ON TOP of what the Europeans Central provided to their own banking system...in EU, and BP Conclusion : - HUGE losses will still have to be taken from the Europeans Banks for the bad debts....in Europe, in Eastern Countries, in Asia (ex China and Japan), some in Africa and some in Latin America !!!!!! - We havent seen anything yet (not much at least) outside the USA ! FAR MORE IS TO COME from the Europeans Banks !!!!!! Europe is in deep troubles, far more than what you may read. but dont forget, that every new loan or loan renewal is made with a VERY BIG PROFIT...that will help ALL banks TO RE-LIQUEFY their balance sheets over the years. Therefore you "see" why in my humble view I am the most bullish you can even think of....in the US$ !!!!! The strongest currency rankings are now 1) Japanese Yen (Yess stronger than the US$) 2) U.S. Dollar 3) Swiss franc 4) Euro 5) BP 6) Emerging nations currencies.....in the ranking you or I may vote ! Meaning 1 is stronger than 2, 2 is stronger than 3, 3 is stronger than 4, etc etc So far...VERY GOOD ANALYSIS !!!!! :D ;D :D ;D - ch.c. Tue, 21 Oct 2008 18:03:50 +0100 http://www.brazzilmag.com/content/view/10055/1/#pc_17677 [quote]I am not scared of the Arabs, nor should you be. report abusevote downvote upVotes: 1 [/quote] Definetely not scared. I am just curious with "developments".. When you know the "final outcome" it is intriguing to watch and see how it all plays out. This is the "greatest show on earth".. Because you can have the script in your hands as human. But instead of just being a spectator to a man made movie or play, you are actually a part of this "reality show" and everything that happens in it. ;) - dnbaiacu Mon, 20 Oct 2008 10:22:00 +0100 http://www.brazzilmag.com/content/view/10055/1/#pc_17674 Brazil is creating their national security crisis. . I wonder what Arab strategy The Arab strategy is very simple and straight forward. It is just enough to read Ch.C´s comments above yours :D ;D I am not scared of the Arabs, nor should you be. ;) - João da Silva Sun, 19 Oct 2008 22:41:26 +0100 http://www.brazzilmag.com/content/view/10055/1/#pc_17666 First of all, this is an unprecedented crisis. It is unfortunate that the authorities in charge, in Europe and in the United States, did not foresee the effects it could have, and that they did not treat it seriously. The crisis originated in the United States, and I believe that the country should have paid more attention and adopted more adequate measures, And we can add, "to make sure Central Banks, most of fall the Federal Reserve Bank not trap everyone. Luring them with GREED. Get a clue! Understand that this was master planned. There is nothing accidental about this. Just a play on basic human instincts. Brazil is always regarded as a friendly country and the Arabs enjoy visiting it. Therefore, we must encourage people to come here more often, so as to showcase the possibilities that Brazil has. Brazil is creating their national security crisis. . I wonder what Arab strategy is? - dnbaiacu Sun, 19 Oct 2008 12:25:53 +0100 http://www.brazzilmag.com/content/view/10055/1/#pc_17644 So true...FOR A BANKER !!!!!! Where else on EARTH can a bank have lending rates as high and blessed by THE GOVERNMENT : 35 % for cars, 55 % for white goods, 165 % on overdrafts ??????????? Hey idiot AES where is the axe of evil ?????? I know, you will answer these rates are a small detail !!!!! BUY ONE, BUT PAY 2 or 3 IS THE BRAZILIAN MARKETING SONG. - ch.c. Sat, 18 Oct 2008 04:44:16 +0100