Urbane Gorilla!

Brazil Is the Best of BRIC

Brazil is export driven.. Where's the growth? Internal? Doubt it. Why not buy Brazil when the market turns up rather than while it is still tanking. In fact, 'artogish' seems to offer a valiid approach buying any of the BRICs.. If you want to buy Brazil, India or China, (I left off Russia as they seem to have issues outside their control right now...) why not look at companies that work within their borders and are successful and are not subject to outside issues, because the author is right, Brazil seems to have an inner vitality.

I just bought some HOGS (Chinese meat packer) as I know that they are growing within China and do not export. I'm sure there are companies like this in So. America, such as AMX, PDA and FMX (These are off the top of my head and may not be Brazilian per se..) that cater within So. America, but are not involved in exterior markets. I have owned EWZ in the past, but am concerned with the major two companies, Petrobras and Vale... Both are subject to exterior demand. Vale is in a battle to raise its prices to China and China is playing hardball. As far a s Petrobras is concerned... Goldman Sachs and many others have called for oil to drop to $60 a barrel. Where's the return? If I recall, some other members of EWZ are banks. These banks are making money based on Brazil's commodity market...

I'd also like to point out that George Bush has a 78% rating.. Oh wait! That's a 78% negative rating .. Oh well.... Shame we don't have Lula in office here ... Heck! I'd take Sarkozy, Gordon Brown... Or even Medvedev right now....

jegan ;-)