Join Australia's most dynamic and respected property investment community

Brazil......yikes!

Discussion in 'General Property Chat' started by hammer, 21st Jun, 2016.

  1. hammer

    hammer Well-Known Member

    Joined:
    28th Aug, 2015
    Posts:
    412
    Location:
    Darwin
    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

    Joined:
    18th Jun, 2015
    Posts:
    2,122
    Location:
    FNQ
    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.
     
  3. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    4,906
    Location:
    Sydney
    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
     
    datto likes this.
  4. DaveM

    DaveM Adelaide Buyers Agent & KFC Strategist Business Member

    Joined:
    14th Jun, 2015
    Posts:
    2,099
    Location:
    Sydney & Adelaide
    Off topic but I like brazilian coffee beans. Too late for coffee now though :(
     
    Leo2413 and datto like this.
  5. datto

    datto Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    1,390
    Location:
    Mt Druuiitt
    Off topic also but I like watching the carnivale with the scantily dressed babes
     
    Sea Eagles88, Foxdan and DaveM like this.
  6. sanj

    sanj Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,142
    Location:
    Perth
    off topic but I'm thinking of getting a Brazilian done, apparently my landing strip is passé
     
    Ouga likes this.
  7. sanj

    sanj Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,142
    Location:
    Perth
    off topic but ive been craving feijoada lately (this story is true)
     
  8. Blacky

    Blacky Well-Known Member

    Joined:
    25th Jun, 2015
    Posts:
    1,104
    Location:
    Bali
    Off topic but that is not an image I want.
     
    Sea Eagles88 and Leo2413 like this.
  9. Bayview

    Bayview Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    2,716
    Location:
    Mornington Peninsula
    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.