Comments for Awash in Dollars, Brazil Buys Back US$ 2.3 Bi in Foreign Debt Bonds at http://www.brazzilmag.com , comment 0 to 3 out of 3 comments http://www.brazzilmag.com Thu, 21 Aug 2008 20:13:42 +0100 FeedCreator 1.7.2 http://www.brazzilmag.com/content/view/5523/1/#pc_2333 for the first guy, there is a huge difference between foreign investment and loans...I would suggest you not make comments about things you don\'t understand. for the second guy, please explain the new debts at the higher interest rates...i have a suspicion you are confused as to what the government is doing - Guest Mon, 13 Feb 2006 21:36:20 +0100 http://www.brazzilmag.com/content/view/5523/1/#pc_2313 ...to buy back bonds that paid 7 % interest rates (your current US$ borrowing rate) and at the same time issuing new debts in local currency paying rates of 17 to 18 % ! Where is the logic in your illogism ????? You just end up paying 10 % more interests....per year !!!!!! Great financial experts in the Brazilian government. The financial world is laughing even applauding, and suggest you to do even more similar buy back ! Guess why ??????????????????????????????????? Hi hi ! Even an uneducated citizen would NOT do this ! cheers - Guest Mon, 13 Feb 2006 18:29:26 +0100 http://www.brazzilmag.com/content/view/5523/1/#pc_2310 ...because why then you wish to have more external financing if you prepay what is not owed now ???????? Curious how contradictions abound on everything the brazilian government is saying, asking and doing ! - Guest Mon, 13 Feb 2006 18:19:57 +0100