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2009 -
July 2009
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Written by Isaura Daniel
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Wednesday, 08 July 2009 00:42 |
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Brazil is proving to be the best alternative for national - and even foreign - companies to maintain their cash flows in the face of retracted global markets and of the problems faced by the world's giant buyer, the United States, while recovering from the global economic crisis. Far from being a purchasing festival, the small growth rates recorded in some segments in the country are almost party-like, when compared with the foreign market outlook.
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Somewhat funny that those in the real middle class cant even afford a CASH PAYMENT for US$ 30-50.- when buying white appliances !
I am not even talking about the insane interests rate attached to these purchases !
And also somewhat funny that Brazil with the lowest GDP growth rate within the BRIC club, apparently can afford to spend more than those with a MUCH higher economic growth rate !
In Brazil the sales marketing motto is...BUY ONE...PAY TWO...OR THREE !!!
Brainwashing is certainly the Industry having by far the highest growth rate in Brazil !