Brazil Heads For Worst Recession Since 1901 Optimism Arg

Noesdeayer

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1901? They probably meant to say 2001.
At any rate 2016 is going to be a very tough year for Brazil .Luckily,they are going to wave visas right in time for the Summer Olympic Games Aug.8-21.
Those who know and admire Brazil for among other things their free and functional judicial system will keep rooting for them to come out of this on top.
O Brasil Pra Frente ! Forward Brazil !
 

camberiu

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1901? They probably meant to say 2001.

Nope, 1901.

"If the country is in crisis, why then is this store chain called "For Rent" growing so much?"


oIKdXrd.jpg
 

camberiu

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"If the country is in crisis, then why is this store chain called "for rent" growing so much?"

oIKdXrd.jpg
 

EdRooney

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I would love to hear how having its largest trade partner go into prolonged recession is "optimistic" for Argentina.

Edit: no mention of Argentina in the Bloomberg article. The quotes in the OP do not seem to exist anywhere on the internets. Memo to self: re-engage ignore function.
 

Pensador

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I would love to hear how having its largest trade partner go into prolonged recession is "optimistic" for Argentina.

Edit: no mention of Argentina in the Bloomberg article. The quotes in the OP do not seem to exist anywhere on the internets. Memo to self: re-engage ignore function.

I should have clarified the quotes were from the video embedded in the web page.
 

Pensador

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Just an FYI we have seen a significant decrease in the Brazilians vacationing in the Punta Del Este region this summer.
 

camberiu

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The fact that Macri ended the currency and export restriction should soften the blow somewhat in the short term. Medium-Long term, Brazil will enter a full blown depression, and the effects in Argentina will be significant.
 

sleslie23

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I would love to hear how having its largest trade partner go into prolonged recession is "optimistic" for Argentina.

Edit: no mention of Argentina in the Bloomberg article. The quotes in the OP do not seem to exist anywhere on the internets. Memo to self: re-engage ignore function.

They can always sell more land to China.
 

Matt84

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They can always sell more land to China.

In Argentina that is not a privilege seen as exclusive to Brazil, like sugarcane it also exists, albeit in less competitive proportions.
In Uruguay you could begin selling built up real estate to China. I hope Trump's investment in Punta will alert both parties.
 
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