Will Brazil Really Nationalize Oil? [View article]
Furthermore, Pelosi and Obama use the exact same rhetoric in the United States, but noone seriously thinks ExxonMobil, Chevron, and ConocoPhilips will actually be nationalized.
Will Brazil Really Nationalize Oil? [View article]
Nationalizing Tupi and Sugar Loaf/Carioca would be a disaster for Brazil, emerging markets in general, and would permanently damage Brazil's ability to attract foreign capital and participate in the global economy. Why would any foreign investor or partner ever want to invest another centavo in Brazil if the Bolsheviks there decide to confiscate their investments? It is for this reason, that I think this is merely Bolshevik rhetoric and not much of an actual risk. Soros, a bigger Bolshevik than Lula, just made PBR his single biggest investment.
Will Brazil Really Nationalize Oil? [View article]
Will Brazil Really Nationalize Oil? [View article]
What's Behind the Slide in Oil and Commodities? [View article]
What's Behind the Slide in Oil and Commodities? [View article]
The supply is infinite: oilismastery.blogspot..../