Booming Brazil

[Sysman]

Didn't think Brazil was like that - Mexico, yes.

I've just remembered another story from Brazil another colleague told, though this was some years ago. He was all set to leave his hotel for a jog when the porter stopped him, reckoning he'd get mugged for his trainers, fancy track suit and watch.

[Troll]

It's high prices for oil that changed it - albeit they appear to have used the money in a smart way unlike countries like Russia, that's right every time you refuel your car paying £1.20 per liter of fuel you contribute LARGE part of that boom.

The last time I was in Brazil the smell of ethanol from sugar cane was noticeable-as everyone was running their cars on it
Double bonus if they have oil and don't have to use it for domestic consumption

[AtW]

It's high prices for oil that changed it - albeit they appear to have used the money in a smart way unlike countries like Russia, that's right every time you refuel your car paying £1.20 per liter of fuel you contribute LARGE part of that boom.

[Clippy]

Things may have improved but it's still a bit dodgy there. A colleague's wife was there recently. She was followed out of a bank and relieved of the cash she had just withdrawn, at gunpoint.

Didn't think Brazil was like that - Mexico, yes.

[Sysman]

BBC News - How President Lula changed Brazil

Left-winger creating a booming economy??? Some mistake, surely?

Maybe it doesn't really matter - it's all a question of cycles.

Things may have improved but it's still a bit dodgy there. A colleague's wife was there recently. She was followed out of a bank and relieved of the cash she had just withdrawn, at gunpoint.

[Clippy]

BBC News - How President Lula changed Brazil



Left-winger creating a booming economy??? Some mistake, surely?

Maybe it doesn't really matter - it's all a question of cycles.

East when you have large oil reserves.

[MrMark]

BBC News - How President Lula changed Brazil

Number-crunchers say rising incomes have catapulted more than 29 million Brazilians into the middle class during the eight-year presidency of Luiz Inacio Lula da Silva, a former trade unionist elected in 2002.

Some of these people are beneficiaries of government handouts and others of a steadily improving education system.

Brazilians are staying in school longer, which secures them higher wages, which drives consumption, which in turn fuels a booming domestic economy.

Left-winger creating a booming economy??? Some mistake, surely?

Maybe it doesn't really matter - it's all a question of cycles.