Quote:
Originally Posted by RalphJ
The interest rates are of worry to me JM and are back on the rise along with international investors just coming in for a "quick hit" in the markets and then fleeing for "safer" investments, which is what he basically stated is responsible for a lot of the appeared growth.
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If external money caused the majority of growth in Brazil then growth would be tiny. There just isn't enough money floating around that can be invested in emerging markets to massively affect the growth of a huge country & economy like Brazil, it's economy is the tenth largest in the world after all.