Follow The Brazil Economy And Learn
Brazil's president seems to have the economy in the country able to withstand other's economic problems. Luiz Incacio Lula da Silva or Lula led the Brazilian economy to a slight growth during 2007 at 5.4%. Plus the inflation rate dropped to 3.6%, and surplus was even up.
Talking to investors they say that Brazil has the best economy when being compared to the BRIC nations. These are Brazil, Russia, India and China, and the mortgage problem didn't even affect the people of Brazil.
Which is awesome, in fact the banks are still in possession of the mortgages, where 70% of the Brazilians actually own their homes. It seems that the success is due to Lulu making his top priority that of the economic growth of his country.
The president is the direct reason behind this good fortune, swearing he would make the economic development of Brazil his number one priority. He's done a fantastic job, and has helped in pulling in other Latin nations to support US ideas.
This growth has also allowed Brazil to be able to pay off their International Monetary Fund ahead of time. A year in advance, something that isn't heard of normally even. President Lulu took the funds for the final payment of 15. 46 billion dollars from the reserves.
As with any policy there are people who complain about the effects that are felt in many areas. Saying that mostly the higher classes have felt the benefits from the economy. Stating also that education should be focused on, and that the public sector should be streamlined.
Helping out relations with the United States and other Latin countries, Brazil has made up three different organizations for this purpose. A shining star in the days where the economy has hurt most countries, perhaps we should all take a few lessons from President Lula and his ideas. - 23218
Talking to investors they say that Brazil has the best economy when being compared to the BRIC nations. These are Brazil, Russia, India and China, and the mortgage problem didn't even affect the people of Brazil.
Which is awesome, in fact the banks are still in possession of the mortgages, where 70% of the Brazilians actually own their homes. It seems that the success is due to Lulu making his top priority that of the economic growth of his country.
The president is the direct reason behind this good fortune, swearing he would make the economic development of Brazil his number one priority. He's done a fantastic job, and has helped in pulling in other Latin nations to support US ideas.
This growth has also allowed Brazil to be able to pay off their International Monetary Fund ahead of time. A year in advance, something that isn't heard of normally even. President Lulu took the funds for the final payment of 15. 46 billion dollars from the reserves.
As with any policy there are people who complain about the effects that are felt in many areas. Saying that mostly the higher classes have felt the benefits from the economy. Stating also that education should be focused on, and that the public sector should be streamlined.
Helping out relations with the United States and other Latin countries, Brazil has made up three different organizations for this purpose. A shining star in the days where the economy has hurt most countries, perhaps we should all take a few lessons from President Lula and his ideas. - 23218
posted by X - Men @ 12:30 PM
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