Brazzil

I find that headline insulting. Plus, the article switches back and forth between praise of the new measures to promote trade without the use of the dollar, to slamming the countries for their "lightweight" economies.

One step forward, two steps backwards, seems to be your writing style. Instead of taking a positive attitude, you seem to think there´s some sort of a curse on the region, and that it´s been a mess for centuries, when that certainly hasn´t been the case.

Why not talk about standards of living, of which the Southtern Cone has the best living standards in the region,comparable to Eastern europe?.

Your article is also painfully long.

In the last 11 years I wrote many articles about Brazil adopting a new currency – from 1998 until early 2005 I had been suggesting that Brazil should adopt the euro.

From mid-2005 to this day I have been suggesting that Brazil adopt the New Asian currency.

I am almost done writing my latest article on that subject.

You can read some of my articles on that subject on the enclosed web link:

http://brazzilnews.blogspot.com/

Since the year 2000 I have been suggesting a very appropriate name if they want to create a new currency for South American countries. Here is what I wrote in one of my articles:

September 2002 – Brazzil Magazine – “Countdown to Armageddon” by Ricardo C. Amaral

Quoting from that article: “…The only thing we can do is to sit back and have a good laugh. I find pathetic that senior members of the Brazilian government's economic team, at this stage of the game, are still contemplating the possibility of creating a new currency for South America. I believe one of the names that they are considering for that new currency is the "Bankrupt." I find that name very appropriate, when we take in consideration what is happening today to the economies of all the countries in South America.”


*****


Brazil does not need the rest of South America, and creating a currency for that group would be a major mistake since most of the other countries of South America are financially destitute.

Brazil represents 50 percent of South America and Brazil is larger than the European Union.

Your article is very insulting to Brazilians – anyway the Brazilian economy is in terrific shape and looks great for the future.

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Brazil represents 50 percent of South America and Brazil is larger than the European Union.

And has a GNP 15 times smaller!!

That's why I had been suggesting that Brazil should adopt the euro as its new currency from 1998 to 2005.

In the last 4 years I have been suggesting that Brazil should adopt the new Asian currency.

I will explain why it would be smart for China to create this new Asian currency instead of using their own currency as the new world currency such as the US dollar.

The future of Brazil is connected to China and other Asian countries more than anything else.

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I will explain on my next article to be published soon...

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And the US owes everybody money!!

I find pathetic that senior members of the Brazilian government's economic team, at this stage of the game, are still contemplating the possibility of creating a new currency for South America.

You wrote these sentences in 2002. Lamentably, the "senior members" continue to be pathetic 7 years later!!

Anyway, welcome back.

The answer to Brazil's economy comes not in the IMF or the American Dollar or the Chinese currency (name escaping me now). It lies in the Brazilian people.

In 1960, Brazil and S. Korea had roughly the same GNP. Since then, S. Korea's economy has skyrocketed. The reason: they trusted their own people. Brazil still has a command economy, although less controlled than what it once had. Entry into Brazilian entrepreneurship is extremely difficult. Once the barriers of needless regulation are removed, Brazil will see a resulting expansion of their economy.

It is an absolute shame watching the potential of the Brazilian people go to waste--or underutilized. It hurts all of Brazil.

Here is some statistics about Brazil and South Korea, but before you give the South Korean economy as an example for Brazil to follow you should read the book by Ha-Joon Chang, "Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism" (Bloomsbury Press, 2007.)

He is a well-known South Korean economist and that book would clarify to you how the South Koreans were able to develop their economy – you seem to be a bit misinformed.


Brazil:

Population: 198,739,269

GDP (purchasing power parity): $1.99 trillion (2008 est.)

GDP (official exchange rate): $1.665 trillion (2008 est.)


South Korea:

Population: 48,508,972 (July 2009 est.)

GDP (purchasing power parity): $1.278 trillion (2008 est.)

GDP (official exchange rate): $857.5 billion (2008 est.)


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If the potential of the Brazilian people goes to waste it is their own fault. In the age of the internet never before was so easy to start a business with so little capital.

As the young people get further access to the internet the only thing that can hold them back is lack of initiative, imagination, and so on… The sky is the limit in the age of the internet. The young people learn how to use the internet in no time and overnight millions of other Brazilians also can be online.

I hate to say that but your mindset is stuck in the past.


*****


“Com acesso no trabalho, Brasil chega a 34,5 milhões de usuários ativos de internet”
da Folha Online – 10 Junho de 2009

O Brasil tem 34,5 milhões de internautas ativos --que usam a web ao menos uma vez no mês--, levando em conta o acesso em casa e no trabalho. Os dados são da consultoria Ibope Nielsen Online, que no mês de maio passou a comp**ar a audiência de internet nas empresas --antes, era levado em conta apenas o acesso residencial.

Considerando apenas o acesso em casa, o Brasil registrou 25,5 mil internautas ativos, ficando estável em relação a abril. Em maio, o número de pessoas com internet em casa ou no local trabalho, mas que não necessariamente acessaram a rede no mês, foi de 44,5 milhões de pessoas.
"A ampliação do painel permite monitorar com mais precisão a navegação em sites da web 2.0, apresentando maior abrangência,", afirma Fábia Juliasz, diretora-executiva do Ibope Nielsen Online, em nota.

Considerando os brasileiros de 16 anos ou mais de idade com posse de telefone fixo ou celular, a estimativa é que o país tenha 62,3 milhões de pessoas com acesso à internet em qualquer ambiente (residências, trabalho, escolas, LAN Houses, bibliotecas e telecentros).

Apesar de o critério ter mudado, o Brasil continua como campeão no volume de horas gastas na internet, com 40 horas 41 minutos --considerando apenas o acesso residencial, esse número foi de 25 horas e 43 minutos. Os dados são do mês de abril. O país está à frente de países como Estados Unidos, Reino Unido, França e Espanha nesse quesito.

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Thank you.

Nice to hear from you.

In the last 6 days I saw on pay per view both games that Brazil played to qualify for the world cup.

There is thing I don't understand - why Dunga left Diego out of the team that just played the qualifying games for the world cup and will play another tournament in South Africa?

I have been watching many games of the European leagues and also their major soccer tournaments - in the last few months I saw various games when Diego was playing for his German team - all I can say is that he is playing a spectacular soccer.

In my opinion it is incredible that Dunga left Diego out of the Brazilian national team, since he is one of the Brazilian players who are playing the beautiful game the way our superstars play it over the years.

I still don't like Dunga as the coach of the Brazilian team and I would replace him with Felipao.

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By the way, Diego has been transferred recently to Juventus of the Italian league.

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The future of Brazil is connected to China and other Asian countries more than anything else.

And the future of China and other Asian countries is connected to the demand for their products in the U.S. more than anything else. So ipso-facto Brazil's future is connected to the U.S. more than anything else!

Understand?

I don’t know if you are trying to imply Walton Family as in Wal-Mart, but anyway – you said: “And the future of China and other Asian countries is connected to the demand for their products in the U.S. more than anything else. So ipso-facto Brazil's future is connected to the U.S. more than anything else!

Understand?”

No, I don’t.

If you read some of my articles about China and Brazil then you will understand why your assumptions might be incorrect.

You can start by reading the following articles:
1) Brazzil Magazine - March 2, 2007 - “Here Is Why Brazil Should Adopt the New Asian Currency” - Written by Ricardo C. Amaral
2) Brazzil Magazine – October 2007 - "The Smartest Thing China Could Do Right Now: Invest US$ 200 Billion in Brazil" - Written by Ricardo C. Amaral

http://brazzilnews.blogspot.com/

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Diego is out because a spectacular athlete like Felipe Melo enables
both Elano and Gilberto Silva and allows Dunga to keep them in the lineup with less pressure on Gilberto Silva to create and more freedom
for Elano to come forward as he has done to score crucial goals against both Italy and Argentina. I don't see any argument that the midfield could be better by subbing Diego for Felipe Melo and leaving the other starters - you would have to do a wholesale re-shuffling of players to get a better result which almost certainly would require a
new coach. Also, recall the Dutch header in the '94 quarterfinals and the two Zidane headers over Leonardo in '98 and that should be enough
to cast doubt on a player like Diego who cannot compete in the air.

Brazilians have the well known disease.....INFERIORITY COMPLEXION !!!!!!!
What is then their cheap meds ? They turn the stats....UPSIDE DOWN.....AND CARESS THEIR NAVEL THAT HAS BEEN INFECTED AFTER HAVING SCRATCHED AND INFECTED THEIR HEAD.....BUT...BUT...THEY DID NOT FIND ANY OTHER SOLUTIONS THAN TO TURN THE STATS UPSIDE DOWN !!!!!

Hip hip Hurrah for Brazil having a LOWER GDP PER CAPITA than their CLOSEST neighbours......VENEZUELA......ARGENTINA.....AND URUGUAY !!!!!!!

1)...... and Brazil devalued their currency 4 times with 3 zeroes against the also weak US dollar over the last 7-8 decades.
What idiot in Brazil can figure out what was the weakest of these 2 currencies ?????

2)....and Brazil Government debts in US$ in the 1980s were so high that the country needed the Brady rescue plan ! Parts of every Brazilian debts were GUARANTEED BY THE U.S. GOVERNMENT !
....WHEN will Brazil return the favor to the USA and guarantee part of their debts.....BY THE BRAZILIAN GOVERNMENT ??????

And last but not least to the BRIC IDIOTS :
After having amassed so many truckloads of cheap papers the US dollar is....what are you going to do ? Sell them ? But every time Brazil sells let say US dollars 10 billion their remaining 190 billion are also worth...LESS !

You are STUCKED with your shiploads of cheap papers !

Dont worry this is good for your lumber exports to the USA. they are going to produce more and more and more paper until you get an indigestion.
Later you could then recycle these worthless papers into Brazilian toilet paper rolls ! Or use them for the wall papers in your favelas !

Right ????? Welllll....not so...not so !

In my humble view it is going to be the Brazilian currency that is going to lose value against the US$.....over the next 20 years or so ! Thus feel free to already import the printers and the ink for wall papers rolls you are going to export Africa !
Lets face it......you cant even build printers....in Brazil....outside of assembly lines !!!!!

Ch.C: "Hip hip Hurrah for Brazil having a LOWER GDP PER CAPITA than their CLOSEST neighbours......VENEZUELA......ARGENTINA.....AND URUGUAY !!!!!!!"

Brazzil Magazine - March 2, 2007 - “Here Is Why Brazil Should Adopt the New Asian Currency” - Written by Ricardo C. Amaral


Now! I understand! Ricardo urges Brazil to join the New Asian Currency because he wishes Brazil to steal the "wealth", (not paper money) from the rich Asian countries! This guy is amazing!

Ricardo C. Amaral:"The future of Brazil is connected to China and other Asian countries more than anything else. "

But... The future of China is not connected to Brazil. Brazil is only one of commodity suppliers to the Chinese. The Chinese has been smart enough to invest in Africa since Mao to gain the access of commodity. Does the Chinese care the oil is made in Brazil or elsewhere?

Well. Brazil is welcome to apply to join the New Asia Currency. There is absolutely hopeless to join. How can I made this idiot understand that the Chinese has no interest to create this New Asia Currency!!!!!!!????????? They only wish their Yuan to control the world!

OF COURSE YESSSSSS !!!!!

BRAZIL CAN ONLY PRODUCE...... BASIC COMMODITIES !
WHAT ELSE ?????????
BRAZIL CANT PRODUCE VALUE ADDED GOODS ANYWAY. TWO THIRD OF YOUR EXPORTS ARE...BASIC COMMODITIES !
But can Brazil compete with Asia in producing tractors, cars, trucks, machinery, drugs, technology, assembly lines, call centers, textile, services industries ?
- Lets face it, Brazil is the only Mega Country that DOESNT & IS UNABLE TO PRODUCE ITS OWN CARS, can only produce generic drugs, unable to produce armaments, submarines, jet fighters, nuclear power plants, etc etc etc !
- and as to your infrastructure in paved roads, Brazil is a backward country even within the BRIC's club. Brazil has only 5 % of paved roads, much much much less than the other BRIC countries. Your ports ?
DECREPITATED when compared to the other BRIC members !

As to the idiot Ricardo Amaral :
- more junkie than you there are not. Your "wise" articles were written AT THE PEAK OF THE COMMODITIES BUBBLES ! As I told you then....idiots....buy (nationalize) when prices are HIGH and sell (de-nationalize) WHEN PRICES ARE LOW !!!!! Thus idiots like you, as you have written, always complain that the De-nationalization prices were WAY TOO LOW !!!! Of course it was way too low....using your own theories, well publicized in your articles to nationalize when prices WERE BUBBLING !
- As you are also an ELITE TRADER MEMBER, a club full of junkies like you, no doubt that you took A BIG BIG BIG LOSS from the commodities prices PEAK ! fORTUNATELY for you, being a member of generations of crooks who have pillaged your own country for many many decades in view of your ancestrors your are so proud of, your family should easily be able to fill the holes in your trading account !!!!!!!

Last but not least on the eventual New Asia Currency :
- Do you think that Brazil is in Asia ? It is like saying that Argentina, Chile or Bolivia will adopt the New Asia Currency !!!!!
- Doesnt Mercosur has its own plan to create its own JUNK CURRENCY ?
- Doesnt UN(A)SUR has its own plan to eventually create its own JUNK CURRENCY ??????
- Do you believe that Brazil, or whoever in LATAM would be welcome in the Euro currency ?

Just think about it...IDIOT !

Ecuador pegged its currency to the US$. later when oil price was bubbling the junkie Correa threatened to DE-PEGG because the US£ was "too low" and 6 months later threatened to DE-PEGG because the US$ was "TOO HIGH" !

And short memory that BRAZIL PEGGED their currency to the US$ in 1994 just to DE-PEGG IT...in 1999 ???????????

Idiots in Latam are by the hundreds of millions. And you are just one of them. LOSERS WILL REMAIN LOSERS....whatever happens, until proven otherwise !

quote]They only wish their Yuan to control the world!


It sounds true! During the summit of the heads of BRIC countries yesterday, Mr.Jintao remained silent when the issue of aleternative trading currencies was being discussed!! There was no news about the position of India and so we really do not know their line of thoughts.Considering that I & C are two countries with economies still growing in spite of the world recession, they seem to be happy with the status quo and do not want to upset their major trading partners in the West. I do not blame them either for their lukewarm reception to the idea of alternative currencies for they have their own huge populations to take care of.IMHO, both I & C will keep on participating in numerous summits on this "Alternative Currency" without coming to any definite agreement.Just like "Doha rounds of Talks"

we all should just go back to gold coins .
no paper money for the governments just to print like wall paper .
can not devalue it . burn it

it is real

let the real wealth come out not printed wealth

let the real wealth come out not printed wealth

Do you think that anybody is going to listen to ya?

And short memory that BRAZIL PEGGED their currency to the US$ in 1994 just to DE-PEGG IT...in 1999 ???????????

Ricardo pegged Brazil's currency to Euro and then De-pegged it later, and then pegged it to the New Asia Currency! Even Warren Buffet invested in Brazil's currency, Real! However, the grand son of grand son of grand son of grand son of .... grand son of the father of Brazil, Ricardo is not confident of Brazil's own currency and always wishes to ask Brazilian to put their future on foreign currency.

The Chinese is confident that their Yuan will rule the world one day. They do not need any New Asia Currency!!

Ricardo C. Amaral: Brazzil Magazine – October 2007 - "The Smartest Thing China Could Do Right Now: Invest US$ 200 Billion in Brazil" - Written by Ricardo C. Amaral

Chinese has been smart enough to invest in Australia, Russia, Africa... even USA and many other countries to gain access to commodity. They have done this for a long time. At last they put some money in Brazil. This article has nothing new! It carries zero intellectual value!

The Chinese is confident that their Yuan will rule the world one day.

Your opinion on Yuan ruling the world one day?

Hi Tom,

You made the following statement:

The Chinese is confident that their Yuan will rule the world one day.

I asked our good friend ch.c his opinion on your statement.Here is his reply to my question he posted on the other site:

Joao
written by ch.c., June 19, 2009

sorry I didnt see your question.
My answer is simple :
NO WAY ! it is not a free market currency ! Just manipulated by its government !
What is China going to do over time with their exports to the USA ?
China is totally dependent for exporting to the USA and the EU.
Their trade surplus is about US$ 450 billion with the USA & the EU but have a trade DEFICIT of about US$ 200 billion with other
emerging nations, notably due to their commodities imports !
Brazil and other BASIC commodities countries export their Noooo value added commodities to China. China transform these commodities to more value added goods and then re-export these goods to developed nations.

What is globalization ?
Developed nations allow more imports only if the exporter IMPORTS...POLLUTION !!!!!!
End result ?
China is already by now the World largest polluter ! Brazil is also a large polluter when you measure on a PER OUTPUT BASIS !!!
Example : Brazil has a heard of 200 millions cattles. Right ? But every cattle pollute far more than a...CAR !
No doubt that I say....VIVA BRAZIL when you export more...MEATS !
Every cattle produces 12 dungs...PER DAY !
KEEP THEIR DUNGS...AND WE WILL BUY MORE MEATS FROM YOU...OVER TIME ! PROMISED !

The certainty is that developed nations will have FRESHER AIR but emerging nations have already POLLUTED AND SMELLY AIR AND FAR MORE POLLUTED SOILS AND RIVERS/LAKES.
Your further pollution growth rate is GUARANTEED !
And who produces the most pollution on a per output basis ON EARTH ? SAUDI ARABIA !!!!! Guess why !
Why do you think the USA have not built ONE oil refinery over the last 30 years ? Due to lack of money, know how ? Hmmmmm !
Better to import MORE AND MORE...GASOLINE, DIESEL from Saudi Arabia and no doubt from.... BRAZIL in the future...in view of the welcomed Petrobras decision to build many refineries so that YOU COULD ADD A LITTLE VALUE TO YOUR FUTURE OIL PRODUCTION AND FUTURE GASOLINE/DIESEL EXPORTS...TO THE USA AND THE EU !!!!!

Just think about it !

Hopefully China will also in the future EXPORT some gasoline/diesel after having imported far more oil ! No problem for developed nations as long as supplies are diversified to guarantee the availabilty of gasoline/diesel in case of political crisis !
And so that they will compete with other Saudis or Brazilians refineries.

Do you have anything to say?

I said, "The Chinese is confident that their Yuan will rule the world one day."

It is not a freely exchange currency but now Chinese is the world's largest creditor with the so-called developed countries are the world's largest debtors. As we see recently, the leaders of the so-called developed countries lying along the queue begging the Chinese to lend them more money, we can tell where the center of the world will be. "Please buy more our national bonds! It is safe!", said one of the leaders of the so-called developed country.

Money is power! As the Chinese controls more the world's money, the more powerful their money is! Recently, Hong Kong complains China's plan of developing Shanghai to be an international financial center. If Chinese wishes to develop Shanghai as an international financial center, don't you think that Chinese will not allow their Yuan to be freely exchanged? It is only a matter of time of freely exchange!

USA is and was the biggest polluter in the world. Like it or not, US dollars is and was the world's reserve currency. In the 19th century, the British Empire was the largest polluter in the world as the British Empire burned more coal than anybody else to power their industry revolution. The British pound was the world's reserve currency. Therefore, it encourage Chinese to pollute more such that their Yuan will be more powerful. By the way, as per capital or as per Chinese human being, Chinese pollute much less than the so-called developed world. So, as the Chinese pollutes more, their Yuan will be become more powerful!

As Chinese trades more with the so-called developed world, Chinese is moving their money back to China while giving a small part to the commodity countries. As the renowned economist and investor, Marc Faber once said,"The federal government is sending each of us a $600 rebate.
If we spend that money at Wal-Mart, the money goes to China.
If we spend it on gasoline it goes to the Arabs.
If we buy a computer it will go to India.
If we purchase fruit and vegetables it will go to Mexico, Honduras and Guatemala.
If we purchase a good car it will go to Germany.
If we purchase useless crap it will go to Taiwan
and none of it will help the American economy.
The only way to keep that money here at home is to spend it on prostitutes and beer, since these are the only products still produced in US. I've been doing my part."

João da Silva & Ch.C

What do you think about Marc Faber's statement? Do you have anything to say?

What do you think about Marc Faber's statement? Do you have anything to say?

Yes Tom, the only thing that I want to say is that Marc Weber could be a "business consultantg" of all the countries he has listed and he is generating plenty of business for himself!

To write off the good ole U.S.of A as a "declining empire" is a big folley and I bet even the Chinese, Indians, Vietnamese, etc; know it.Though their politicians would like to bash the U.S., as it is a big vote getter.

I wonder what ch.c´s answer is.

BTW, you should participate more often in this forum.

Hi, I agree with what you said. Some US products are excellent, like Apple computer, ipod, HP .... American invented the internet .....

But Marc Faber made a mistake ... "If American really knows how to drink beer, the money will go to Germany as well!"

BTW, you should participate more often in this forum.

Well, it is a surprise to me. I thought that I was an unpopular figure here. Thank you for your invitation.

Well, it is a surprise to me. I thought that I was an unpopular figure here. Thank you for your invitation.

Not exactly an unpopular figure,Tom, but quite informative,except when you indulge in personal name calling of Ricardo when you do not agree with his view points! I do differ from his views too,but I strongly believe in civilized debates to correct and better a plan. I am looking forward to reading his new article and hopefully, we will be able to interact more.

Hi, I agree with what you said. Some US products are excellent, like Apple computer, ipod, HP .... American invented the internet .....

Not only that.They have the best brains native as well as imported, good R & D facilities (and Universities), etc; They can develop products for both Commercial and Military applications and outsource the manufacturing to any other country. Nothing prevents them from slapping heavy import duties on clothes,food,etc; to "protect" their domestic industries. But they know that it is not in their long term interests to do so.For obvious reasons!!

You have proposed Brazil to join Euro and later changed you mind to that New Asian Currency.

Now the three "PIG European countries" hold their Euros and are asking for help to pay down their debts. Will Brazil pay the bill if Brazil was so stupid to listen to you to join Euro? EU was not smart by not listening to you to let Brazil into the game. You have written to EU to beg for the Euro membership into the Euro zone, haven't you?

I have told you that the world will come to China to ask for money. Look at what is happening nowadays. Yuan will rule!