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im a gringo here to commit imperialism it's kind of funny looking at Brazil now, considering not too long ago Goldmann Sachs used the term BRICS to refer to the 'big' up and coming economies, and only China and maybe India has really lived up to the hype. Seems like widespread and systemic corruption is a hell of a drug.
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Jan 14, 2017 08:35
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| # ¿ Apr 29, 2024 20:31 |
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Basically this whole situation is a consequence of Saudi Arabia + decisions made avoid tackling corruption. Saudi Arabia sees the fracking boom in the US take off, it knows that if it doesn't put a lid on it, its security arrangement with the US could be in jeopardy (because the US might not need it anymore), and that's bad news, because there's negative reasons for the US to ever be friendly with SA. So it increases output to crash that boom, the rest of OPEC follows suit because they don't want to get left behind. Unfortunately, the Latin American states that choose to base government revenue off national oil corporations (because tackling corruption and getting people to Pay Their loving Taxes was too hard) are now in deep poo poo. These states delayed tackling corruption for too long, when the oil prices were good, and now they've turned so they're hosed. It's extra bad for leftists and reformist governments, because they present themselves as 'fighting for the little guy'. But when you find out they've been on the take the entire time, you can't trust them anymore, so corruption scandals hurt them more than they hurt the right. Moral of the story: never delay tackling corruption, ever, because it will come back and bite you in the rear end.
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Jan 14, 2017 09:25
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Wonder if any of the guys protesting over the corruption of lula, would make a reappearance at this turn of events.... (The answer is no)
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Jul 13, 2017 01:50
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gringo checking in, how is brazil coming along politically
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Oct 13, 2017 07:35
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on the contrary - they're not morons, they know exactly what they're doing, and they're going to get away with it.
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Apr 5, 2018 11:08
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whats ur feelings on it plutonis since u actually, u know, live there
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Apr 5, 2018 11:18
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look dude, it's the south america thread. like, South Of America. duh.
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Jul 4, 2018 19:13
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the falklands were actually uninhabited prior to the uk putting people there, on account of it being barren, so it's not actually colonialism
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Jul 27, 2018 06:29
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