|
Brazil Expecting to Increase Its Exports by 10% in 2006 |
|
|
|
|
Written by Flávia Albuquerque
|
|
Wednesday, 15 February 2006 |
|
An estimate by the Higher Economic Council (COSEC) of the Federation of Industries of the State of São Paulo (FIESP) puts Brazilian export growth this year at 9-10%, according to council member, Octavio de Barros.
Following a COSEC meeting on prospects for the country's balance of payments, he informed that the chances are good that this year's surplus will attain US$ 18.5 billion. "Despite the slowdown, growth in the global economy will be very similar to last year, and what determines export performance, much more than the exchange rate, is global demand, which is very vigorous, in both the emerging regions in Asia and the central countries. The outlook is positive for Brazilian exports," the councilor remarked. Barros explained that the falling exchange rate reduces exporters' profits, but he stressed that one cannot forget that global demand remains vigorous and that exporters seek to cut costs and increase efficiency to stay competitive on the international market. "Exports have become very important to companies in Brazil. The weight that exports have in total company revenues is impressive." ABr
|
...is exactly the point where you are the weakest !
Brazil is too dependant of external demand because they have no internal demand.
And there wont be any internal demand as long as corporations must borrow money in Reais with 40 to 60 % in annual interets, and there wont be demand from consumer when they must have to borrow at anything between 60 to 150 % yearly interets rates when there is an inflation of only 5 or 6 % !
You are just the slaves of the world demand.
What will happen to you if there is only a simple economic world slowdown, or worse a recession like in 2002 !
you will be on your knees.....just once more....justas you have been regularly during the past 50 years.
That is why Brazil has been called a BOOM AND BUST ECONOMY ! This time it was not even a BOOM, because in the last 3 years, under Lula mandate, Brazil grew at an average of only 2.56 % per year. NOT MORE !
0.5 %, 4.9 %, 2.3% for 2003, 2004 and 2005.
You are even the last on the 24 countries being in the class of developing countries.
YES AT THE QUEUE OF THE QUEUE !!!!!!
AND THIS DESPITE THE ROSY NUMBERS THAT LULA IS TELLING YOU.....BUT INCORRRECTLY ON PURPOSE, TO HIDE HIS TOTAL FAILURES !!!!!