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Brazil......yikes!

Discussion in 'Living Room' started by hammer, 21st Jun, 2016.

  1. hammer

    hammer Well-Known Member

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    Anyone been following the mother of a recession unravelling in Brazil?

    Not happy times at all....

    Could that happen here?
     
  2. HUGH72

    HUGH72 Well-Known Member

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    Possibly , but we have more things in our favour including:

    No Zika virus or rampant crime and corruption, even with the Olympics later this year is it on anyone's radar as their next must travel destination? Maybe it is?.

    We also have a growing tourism industry and a successful education sector.

    Our government and institutions are more stable.
    Inflation in Brazil is very high, nearly double digits. Australia's current inflation rate and unemployment is much lower.

    Despite all the D&G I can't see much changing, we are in a low growth environment for the foreseeable future.
     
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  3. Gockie

    Gockie Be the change you want to see in the world Premium Member

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    Off topic but most of my volleyball team is from Brazil... yep, they are good players.
    I don't understand the language though!
    :D:p
     
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  4. DaveM

    DaveM Adelaide Buyers Agent & KFC Strategist Business Member

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    Off topic but I like brazilian coffee beans. Too late for coffee now though :(
     
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  5. datto

    datto Well-Known Member

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    Off topic also but I like watching the carnivale with the scantily dressed babes
     
  6. sanj

    sanj Well-Known Member

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    off topic but I'm thinking of getting a Brazilian done, apparently my landing strip is passé
     
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  7. sanj

    sanj Well-Known Member

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    off topic but ive been craving feijoada lately (this story is true)
     
  8. Blacky

    Blacky Well-Known Member

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    Off topic but that is not an image I want.
     
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  9. Bayview

    Bayview Well-Known Member

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    5 PM's in 6 years, and possibly a new No.6 in two weeks? o_O

    But anyway; Brazil.. not good numbers of late.
     
  10. Skydome

    Skydome Well-Known Member

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    I think it's a bit of a stretch to say our education system is successful, sure, it's not a failure but it isn't world leading by any stretch of the imagination.

    Everything else you said though is true.
     
  11. Leo2413

    Leo2413 Well-Known Member Premium Member

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    It actually(the Brazilian) hurts like hell....the result is Blacky-no-more :oops::p
     
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