mlyn

The Reflation Trade Portfolio

One has to be prudent in defining "emerging market" curriencies. Brazil and China have an agreement to trade with one another in their own "emerging market" currencies--in other words, avoiding the use of US dollar. Resource countries like Brazil, Canada, Australia can support their currencies.

Petrobras: Brazilian Oil Takes One Step Closer to Nationalization

Are you listening, Hank? The U.S. nationalized risk. At least they are nationalizing profits or potential profits.

International ETF Update: Single-Country ETFs, Investing in Mexico

Currently Mexico is an exporter of oil to the United States. Its biggest oil field, Cantarell (sp), is depleting. Most of the oil revenue disappears into the government bureaucracy. So domestically and globally, Mexico is on a cliff, unless many of its other natural resources (precious and base metals) can take up the slack. But it still needs oil.

International ETF Update: Single-Country ETFs, Investing in Mexico

Currently Mexico is an exporter of oil to the United States. Its biggest oil field, Cantarell (sp), is depleting. Most of the oil revenue disappears into the government bureaucracy. So domestically and globally, Mexico is on a cliff, unless many of its other natural resources (precious and base metals) can take up the slack. But it still needs oil.

BRIC Is for Real

Good article and good comments. China's long-term strategies puts American capitalism and "Democracy" to shame. All Americans need to sacrifice, including the environmentalists. We have been living "high on the hog" for years with cheap oil--somebody else's oil. We need to develop our own and/or live conservatively. The bottom line is that we need political leadership. Our political parties sold us down the river through greed, bickering, and neglect. The American people need to be responsible and better informed.