Brazil: Policy Changes Signaling New Era of Oil Production Underway [View article]
With the ill-fated Keynsian fiscal "countercyclical flywheel" governments were supposed to run surpluses in good times, deficits in bad, but we run stupifying deficits all the time. Similarly oil producers have shot their load for immediate gratification. Brazil may do differently. Thus, they may turn out better than Argentina and soon, the US.
Brazil: Policy Changes Signaling New Era of Oil Production Underway [View article]
Brazil may do differently. Thus, they may turn out better than Argentina and soon, the US.