How has Brazil been able to achieve no economic drops? Their economy actually grew in 2008 while others were experiencing losses, up 5.4% in fact. Not a bunch, but when you look at the economy in other countries you see nothing but plight.
Many people who have advised investors before have said that of the BRIC nations, that Brazil has the strongest economy. Those nations are Brazil, Russia, China and India. The mortgage problem hasn't even seemed to bother the country. And the economy in Brazil is growing more still.
Banks in Brazil never sold any of their mortgages and the people own 70% of homes. It's really an amazing feat when you look at how all other countries have experienced problems in their economies. Showing that the economy in Brazil is growing continually each year.
The economy was one of President Lula most important task, many may say he let other things go on the wayside, but obviously he is doing a good job. Back in 2006 he won re-election after running away with the victory some 61% to only 39% for his opponent.
Paying off a year early, Brazil showed the world that they could thrive economically when they paid off the IMP, or International Monetary Fund. Not even losing half of the money when the final payment was made from the reserves of the country.
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.
Brazil has led producing Mercosur, and a few other organizations, and is also assisting in other Latin nations to accept the United States. Let's hope that everyone starts following the results of the Brazilian government to get out of the economic woes that seem to be facing many countries. - 23210
Many people who have advised investors before have said that of the BRIC nations, that Brazil has the strongest economy. Those nations are Brazil, Russia, China and India. The mortgage problem hasn't even seemed to bother the country. And the economy in Brazil is growing more still.
Banks in Brazil never sold any of their mortgages and the people own 70% of homes. It's really an amazing feat when you look at how all other countries have experienced problems in their economies. Showing that the economy in Brazil is growing continually each year.
The economy was one of President Lula most important task, many may say he let other things go on the wayside, but obviously he is doing a good job. Back in 2006 he won re-election after running away with the victory some 61% to only 39% for his opponent.
Paying off a year early, Brazil showed the world that they could thrive economically when they paid off the IMP, or International Monetary Fund. Not even losing half of the money when the final payment was made from the reserves of the country.
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.
Brazil has led producing Mercosur, and a few other organizations, and is also assisting in other Latin nations to accept the United States. Let's hope that everyone starts following the results of the Brazilian government to get out of the economic woes that seem to be facing many countries. - 23210
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