Useful digital marketing info.

Tuesday 5 January 2016

Disorder and regress

It is almost five years since I wrote the first entry on this blog, titled "Order and Progress" in what became a very sceptical view of Brazil and it's supposedly booming economy. Going against the grain is always uncomfortable because, after all, why should one individual know more than a vast sea of individuals, all charging in the opposite direction?

Today I came across these two articles, here and here, written from an investment point of view, both as gloomy as could be about Brazil in 2016. The contrarian in me, although no longer on the ground in that country, does wonder if we might be approaching another turning point, after so much decline and fall ? Argentina has just elected a president who may introduce a touch of economic sanity to that basket case country. If so, it could have a domino effect on neighbouring countries, most of all Brazil.

Easier said than done, of course. As noted many times on this blog, without a complete revolution in Brazil's corrupt and dysfunctional political and economic spheres, there is simply no hope for "the country of tomorrow". And underlying everything that is wrong with Brazil is education, education, education - or rather, the shocking lack of it.

But anyway, here's hoping that Brazil is now approaching a nadir of economic despair, it's darkest hour before the dawn; just as in February 2011 it was at the zenith of its "success".

No comments:

Post a Comment