Comments for Time for a Gentler Economic Policy in Brazil at http://www.brazzilmag.com , comment 0 to 2 out of 2 comments http://www.brazzilmag.com Sun, 29 Nov 2009 03:45:39 +0100 FeedCreator 1.7.2 http://www.brazzilmag.com/content/view/4323/1/#pc_1117 ....represent around 40 % or so of your total exports. In view of your FMD disease and the bans put in place not only on meat/cattles but also on different agricultural products, your total exports should be down....next year. That should reduce your overall growth quite a bit more that what Mundell predicts !!!!! If on top of that US interest rates continue to go up...as expected by everyone...and that your rates should go down.....a reduced flow of investments will enter your country. I have not even taken in account yet a reduced world growth, an indecision to invest in Brazil in view of the present situation with the FMD disease and its implications on many of your agricultural exports, and next year election where fight could be higher than normal as new revelations may come out then...on the vast corruption involving your highest politicians !!!! We have not see anything yet...because next year is also the 4 year cycle in the USA, where most of the times you had a sharp drop in the stock market. And when the USA have a flu, developing nations are far more and deeper infected !!!!!!!! - Guest Wed, 26 Oct 2005 14:13:26 +0100 http://www.brazzilmag.com/content/view/4323/1/#pc_1116 ...except in the USA where growth has been good for the last decade......growth in Europe and Japan has been minimal....at best !!!!!! !Therefore...the main reason for the growth of the developing countries recently was only because the USA reduced their interest rates to the lowest levels in over 50 years and that they accepted to have US$ 700 billions or so in trade deficits. This deficit came mostly to have bought more from....developing countries....like China, Brazil...etc etc !!!!! As to the avoidance of public debts....Brazil increased their debts by 27.5 %....in the last 12 months alone !!!!!!!! That is not an avoidance....as said !!!!!!! - Guest Wed, 26 Oct 2005 13:58:21 +0100