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martedì 28 ottobre 2014

For the fans of Dilma Rousseff ...


Dear friend, 

my best friend and co-worker Stephanie Caracciolo Arriera Tamagno this article brought me to the attention of the website "Business Insider" that is titled " Wall Street Will Not Be Kind To Brazil ".
Thank you Stephanie.
Now, here in Italy, the Brazilian president Dilma Rousseff has its admirers.
These are the usual communist anti-capitalist and anti-American.
I'm not one of them.
I would point out, in fact, that the administration Dilma Rousseff has a lot of corruption in its higher levels.
In addition, his statist policies will lead to an impoverishment in the long run.
Government spending and taxes increase and, in the long run, the rich will leave.
The fact that nearly half of all Brazilians, mostly the industrialized south, does not show that voted against his political unrest there.
It is true that we should not do dominate the market but without the market you can not even go on.
The markets today look Brazil with concern and suspicion.
Best regards.

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