Economy in Brazil is Booming
Brazil's president seems to have the economy in the country able to withstand other's economic problems. Luiz Incacio Lula da Silva or Lula led the Brazilian economy to a slight growth during 2007 at 5.4%. Plus the inflation rate dropped to 3.6%, and surplus was even up.
Talking to investors they say that Brazil has the best economy when being compared to the BRIC nations. These are Brazil, Russia, India and China, and the mortgage problem didn't even affect the people of Brazil.
Not even affected by those mortgages problems that have faced so many other nations in the world. A large amount of homes are owned by the Brazilians, 70% in fact. Though they may not be in the best shape, they still do own them.
Increasing the spending of the government and giving jobs to the middle class, plus helping with the development of those natural resources in Brazil. Back in 2006 he stomped the opponent in a victory 61% to 39%.
One thing that has never been done by a Latin country before is paying off an International Monetary Fund, ahead of when it's due. But the economy in Brazil is growing and has accomplished that feat, and had a lot of money still left in the reserves. In fact they paid it off a year early.
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.
President Lula has created a few organizations that help other nations with many things. Brazil is a great example of a country that is run well, and has succeeded. - 23199
Talking to investors they say that Brazil has the best economy when being compared to the BRIC nations. These are Brazil, Russia, India and China, and the mortgage problem didn't even affect the people of Brazil.
Not even affected by those mortgages problems that have faced so many other nations in the world. A large amount of homes are owned by the Brazilians, 70% in fact. Though they may not be in the best shape, they still do own them.
Increasing the spending of the government and giving jobs to the middle class, plus helping with the development of those natural resources in Brazil. Back in 2006 he stomped the opponent in a victory 61% to 39%.
One thing that has never been done by a Latin country before is paying off an International Monetary Fund, ahead of when it's due. But the economy in Brazil is growing and has accomplished that feat, and had a lot of money still left in the reserves. In fact they paid it off a year early.
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.
President Lula has created a few organizations that help other nations with many things. Brazil is a great example of a country that is run well, and has succeeded. - 23199
posted by X - Men @ 2:47 AM
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