Re: Brazilian Election -- Brazilian Election

[ Show ]

Support VoyForums

[ Shrink ]

VoyForums Announcement: Programming and providing support for this service has been a labor of love since 1997. We are one of the few services online who values our users' privacy, and have never sold your information. We have even fought hard to defend your privacy in legal cases; however, we've done it with almost no financial support -- paying out of pocket to continue providing the service. Due to the issues imposed on us by advertisers, we also stopped hosting most ads on the forums many years ago. We hope you appreciate our efforts.

Show your support by donating any amount. (Note: We are still technically a for-profit company, so your contribution is not tax-deductible.) PayPal Acct: Feedback:

Donate to VoyForums (PayPal):

[ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1 ]

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Date Posted: 08:38:13 10/06/06 Fri
Author: Lincoln Rondas (Support)
Subject: Re: Brazilian Election
In reply to: Joanne Kudla 's message, "Brazilian Election" on 14:57:31 10/03/06 Tue

>

Dear Joanne Kudla,

You have a point there when you say that the current monetary policy is formulated for a first world nation. The restraints placed on Brazil prevent us from enjoying the benefits from our record exports and determination to level with "first world" nations.

Yours, Lincoln Rondas.

Brazil Economy to Benefit from Election
>By Alan Clendenning
>
>Dear Editor,
> The major problem for Brazil�s growing economy is the
>monetary policy. The current policy is formulated for
>a first world nation instead of one designed for a
>developing nation. In order for Brazil to advance in
>the world rankings and become a major political force,
>something must be done to lessen the restraint placed
>on Brazil by the current monetary policy. Instead of
>Brazil experiencing the rewards from its record high
>exports, the strong real holds the Brazilian ecomony
>behind. Factory jobs are being slashed, and export
>revenues for companies troubled by the strong real are
>beginnning to decrease. At this time, the Brazilian
>government has done nothing to improve the stituation
>for the good of its citizens. Those examining this
>situation believe that Lula will be the last to
>propose any new measures for the troubling industries.
>In order for Brazil to eventually become part of the
>first world nations, it needs an economic system well
>suited for the slow process of change in economic
>conditions. Changing the value of the currency so
>quickly is comparable to expecting a child to win a
>marathon. Such drastic changes take time. In order for
>Brazil to stand on the same platform with the United
>States, Britain and other first world nations, the new
>leader must focus on taking smaller steps in regards
>to the current unrealistic monetary policy.
>
>Joanne Kudla

[ Next Thread | Previous Thread | Next Message | Previous Message ]