Investors Look To Brazil
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.
Investors state that Brazil is by far the strongest economy when compared to several of the other past leaders. Their inflation rate even dropped, and surplus was up to $3. 6 billion dollars. What a fantastic leadership role President Lula has taken on.
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.
Though many people will always complain about things, and this is a case where that is to be true too. People complain that only the people in higher classes are receiving the benefits of the economy being so much better. And another cause of frustration seems to be not enough energy or focus is being placed on the education system.
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. - 23208
Investors state that Brazil is by far the strongest economy when compared to several of the other past leaders. Their inflation rate even dropped, and surplus was up to $3. 6 billion dollars. What a fantastic leadership role President Lula has taken on.
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.
Though many people will always complain about things, and this is a case where that is to be true too. People complain that only the people in higher classes are receiving the benefits of the economy being so much better. And another cause of frustration seems to be not enough energy or focus is being placed on the education system.
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. - 23208
posted by X - Men @ 2:02 AM
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