Brazil among highly unequal countries of world

Published on Aug 25, 2012 :

Privatization and Argentina's Economic Crisis

Published on May 1, 2012 by BrookingsInstitution : Argentine President Cristina Fernandez has announced that the government will assume control of a Spanish oil company operating in Argentina. The action calls for the state to take a controlling interest in YPF as a means to funnel much needed money back into Argentina's troubled economy. Nonresident Senior Fellow Eduardo Levy-Yeyati suggests it might be the right move done the wrong way, saying the trigger for the government's move is largely due to its fiscal and external deficit, and both are growing, in part, because of the country's energy issues.

Brazil overtakes UK as sixth-largest economy.

Uploaded by AlJazeeraEnglish on 26 Dec 2011 - Brazil has overtaken the UK as the world's sixth largest economy, according to a London-based research centre. The shift is part of a larger trend in which emerging economies are out doing some European countries. The south American country was still considered something of an economic underachiever a decade ago, but as its economy grew steadily in the past eight years, things started to change. Government's anti-poverty measures further helped in lifting more than 40 million people into a new middle class.

Venezuela has best income distribution in Latin America.

Debt default: the Argentinian experience

Apr 21, 2011 - As fears mount that Greece will become the first Eurozone country to default on its debts after being bailed out, OECD Economist Christian Daude talks about Argentina's experience of economic wipeout ten years ago.

Reaganomics Was Pro Business, Not Pro "Free Market"

TheRealNews - Yves Smith on Reagan Centenary:| February 05, 2011 - President Reagan broke unions and intervened in the market when big business required it.

Brazil, Fearing Currency War, Takes Harder Edge Vs. China

Will Brazilian equities get their mojo back under new President Dilma Rousseff, who's battling a strengthening currency?

Brazil's Bovespa exchange rose just 1% in 2010 while many New York-listed stocks like energy giant Petro bras (PBR) dived, even as Brazil's hot economy jumped an estimated 7.4%. The Bovespa surged 83% in 2009, leading the way out of the global financial crisis.

With China a big buyer of Brazilian iron ore, meat, soy beans and sugar, some pundits say the Bovespa may not come roaring back until China's stocks rebound.

China's exchange shed 14% last year. Beijing is tightening monetary policy, which will cool its economy.

Rousseff, meanwhile, is aiming to take a tougher line in trade talks with China amid global currency tensions. Brazil's currency, the real, is up more than 100% against the U.S. dollar since 2003. Brazil's trade, however, has been shifting from the U.S. to China.

Investors.com  |  11 January 2011

Inside Job : a documentary on US Economic collapse.

Inside Job Examines Economic Collapse

VOAvideo | December 17, 2010 - More than two years after the U.S. government approved the $700 billion emergency bailout for the financial system, unemployment is high and housing foreclosures are still a cause for concern. Charles Ferguson's documentary "Inside Job," takes a hard look at the causes of the 2008 financial meltdown and warns there could be another recession if the Obama administration is not tougher on the U.S. banking sector and businesses it considers "too big to fail."

Money - the basis was questionable & under Obama its ain't a clean system either!

FINANCE REFORM BILL HELPS 5 BIG BANKS.

TheRealNews | August, 2010 - Jane D'Arista:
1. Bill put some brakes on speculation but will strengthen monopolization of sector:
2. Bill does not take on the Federal Reserve.
3. No Public Option for Finance Reform?





Did the bank won? I think so with QE2!

China in Latin America : The Dragon in the Room

TheRealNews | November 16, 2010 - Kevin Gallagher: Chinese investment in resources creating lopsided economy in Latin America.