Foi publicado ontem, mas eu só vi agora... O Financial Times está aconselhando a venda dos C Bonds do Brasil. Em resumo grosseiro, o artigo afirma que a valorização ligada ao alívio pelo Lula não ter implantado um república bolchevique aqui chegou ao limite. Agora, o governo brasileiro vai enfrentar novas dificuldades.
Outro ponto interessante:
...the flows of capital into Brazil since the election have come principally from foreigners. Expatriate Brazilian money has tended to stay under the palm trees on those little offshore islands where it has been parked for a while, sipping drinks with little umbrellas in them.
Now, it is possible that the Brazilian money is being stupid, but I think the foreign money is more likely to fall into that camp. You are usually better off putting your money into a country at about the same time the locals are returning, or even a little later.
O artigo destaca tb que velhos vícios continuam, mesmo com a eleição do Lula:
Furthermore, the election of a social democrat at federal level has not eliminated feudal elements in the Brazilian system, such as the state governors' control over their patronage machines.
Before Brazil's politics and public finances come to resemble, say, Denmark's, these barons are going to have to give up some power.
Vale ler...
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