on January 3, 2010 by admin in Uncategorized, Comments Off
Re: Brazil: Pacing Global Economic Leveling!
On 1/3/2010 1:26 PM, Hegel wrote:
>
>
> Brazil to grow in truth can not be free market, not to become part of
> the global crisis arising from the free market. Brazil has to follow
> China‘s example
>
> The crisis in Brazil occurred only in multinational free market. Even
> though Brazil is not fully opened and the state is present in the
> economy, would have otherwise been a disaster
The problem was who controlled their economy not what kind of economy it
was, because the USSR also went bankrupt.
What happened in both cases was they spent more than they could produce,
so no matter what system you point to, when they are under a government
that decides they can spend their way to prosperity, they will all fail.
Governments that don’t respect the basic accounting principals and
choose some pointy head theory of economics are the ones that fold up
and go away.
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