What's wrong with Russia and Brazil?

What's wrong with Russia and Brazil?

Economists said they will become next superpowers but that was all lies.

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tradingeconomics.com/mexico/foreign-direct-investment
imf.org/en/Publications/CR/Issues/2017/07/13/Brazil-2017-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-45081
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another shit thread by proxy
sage

Commies.

ruined by communism

The Brazilian government has literally sabotaged Brazil. They made it so that wages follow price increases, which has resulted in an inflation rate of almost 9%.

>What's wrong with Russia
Russia is a mafia state relevant only because of infinite natural resources. Other than that and guns they produce nothing of value. The oligarchs funnel all profits from the sales of gas and oil into offshore banks, while keeping the population dumb and sedated.

>Brazil
I honestly don't know what is wrong with brazil. What exactly is stopping them from being more prosperous than what they are?

I literally posted why Brazil is so miserable.

.7% growth this year and 1.6% next year?
Nice.

Russia is not communist. Neither is Brazil.

How do you explain China? China keeps growing even economists were claiming it would collapse in 2008

Communists that don't give a shit about the country and protecionists?

Why exactly does keeping the real wage level cause inflation? That's literally incorrect.

China is far from being communist. China is capitalist as fuck. Communist is Cuba and nobody wants to live there

>all those shitholes bringing down the average

A single bad decision by the government doesn't ruin a country overnight. It has to be systematic string of bad choices to have an actual effect, and while unnecessary wage manipulation does cause inflation it doesn't explain the dismal education, social security, healthcare and infrastructure.

What I can believe is that the brazilian government is woefully incompetent, and that tying wage fixing might be one example. I need more examples though.

I don't know exactly what the term is called in English, but it is something along the lines of "imported inflation". The real wage level is making imported products incredibly expensive, hence the high inflation levels.
Pretty much

I already said. Communists. Do I need to say more?

most of the growing Latin American nations are irrelevant though. there is no actual relevant Latin American country but still.

The vast majority of economists except China to continue growing at 5-7% rates for another decade or so.
"Economists" and alarmists and Nikkei Business Review (they also own Financial Times) shills have claimed it'll collapse next year since 2005.

If you want real advice, look at the IMF or World Bank. If you want clickbait shill predictions, go to clickbait news sources that don't specialize in economics.

Brazil:Keynesian policies +unstable political structures+bad bureacracy+corruption

Russia:sanctions

Dude, if you keep wages at the same level as inflation. AKA 5% inflation = 5% wage growth = 0% real wage change.

You don't know what you are talking about.

Yes, because socialists have been in power in most nordic countries for a century and we are all doing fine. Also I'm interested in brazilians explaining themselves what they as being wrong with how their government is functioning.

Communists expanded your economy from $300 billion in 2002 to $2.5 trillion in 2014?

We need like 2 decades to have a decent economy. If we make it well, by 2050 we would be near 1 trillion. But it's the best scenario.

Explain Mexico.

Scandinavia is social-democract

CHI

Nigga, what? Just what? Nordic countries are one the most economically free countries of the planet. Almost everything is private or mixed public/private

Lack of foreign investment.l

Semantics, irrelevant.

Literally what is your definition of communist?

You guys are only growing 2-3% this year, right?
That seems to be what most people expect for the next few decades because Peru is too focused on commodities.

I was literally taught this in econ class a month ago.

tradingeconomics.com/mexico/foreign-direct-investment

>Communists expanded your economy

Communists didn't do nothing, not a single political reform. Everything was due to our private companies and Chinese GDP growth.

Again, semantics. Why is Sup Forums so deathly terrified of the word "socialist"?

REAL WAGES STAYING STAGNANT HAS NO EFFECT ON INFLATION user

THERE IS NO PUSH UP OR PUSH DOWN WHEN REAL WAGES DO NOT CHANGE

WHICH IS WHAT YOU CLAIMED THE HUES WERE DOING

Economists are retards that's why, they always get everything wrong.

>Brazil’s deep recession appears close to an end. But risks remain. The government that took office last year found an economy in recession and structural problems that threatened fiscal sustainability. The recession, triggered by large macroeconomic imbalances and a loss of confidence, was exacerbated by declining terms of trade, tight financing conditions, and a political crisis. Buoyed by congressional and market support, the government has pursued an ambitious reform agenda. A constitutional amendment that caps growth in federal noninterest spending in real terms has been passed and progress has been made on the discussion of social security and other structural reforms. Disinflation has gathered momentum, providing more room for monetary easing. While the end of the recession appears to be in sight, a recent rise in political uncertainty has cast a shadow over the outlook. The government’s ability to deliver on social security reform, a necessary step toward securing fiscal sustainability, has become more uncertain—and, with national elections scheduled for 2018, the window for legislative action is closing.

imf.org/en/Publications/CR/Issues/2017/07/13/Brazil-2017-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-45081

So commies take all the blame for Brazil being a subhuman monkey shithole but none of the credit for the economy expanding by $2.2 trillion under their rule?

No, leftists are retard. They are more worried about progressive agenda than economy or public safety

This is literally newspeak. When you amalgam several different meanings into a unique word, you just can't have a discussion.
That dumb brazilian calling his government communist is doing that exact same thing.

Sadly, if commodities keep doing well we won't have any problem but Latin American history say we will rely on them, won't invest in anything else and crush.

Elite has been feed on natural resources for centuries, my most optimistic thoughts are this time history won't repeat.

See this, the real face of commies if you don't support them and show they destroy everything, they call you "subhuman monkey shithole".

But if you support them, you are a gift from God

That chart is somewhat misleading, All three North American nations (Canada, Mexico, US) have growth forecasts on the 2-2.5% range. Yes, all three would be scaled down if NAFTA fails, Trump is not getting 4% growth and only a dumb ass believes that.

STFU English teacher, real world there's a reason we've got an FTA with Japan independent of TPP

Here your answer. Also, evil communists.

This map is about economic freedom.

Brazil was living off the commodities boom, when the boom ended, the Brazilian economy crashed so hard that Brazil is now fucked for the next two decades.

Economists are almost always right. It's politicians who refuse to listen to them who are ready to fuck everyone else over for short term gains in the ballots. Good example is finland. All economists agree that wages are currently inflexible, not representative of real productivity and hurting growth.

No one is doing anything about it because adding more flexibility to salary negotiation will initially lower low income wages. That's political poison for any party, especially in a country where trade unions are unnecessarily powerful. So now what little growth there is is balancing on a knifes edge because pekka 42 has to get 2500€ for driving a forklift and even a minor cut in wages would literally be the end of the world for him and his family, at least according to worker representatives.

Actually no. Because our FDI is growing.

Socialism just """"work"""" in small, developed and homogeneous countries.

The wages increases don't follow the price increases to a tee. As I said before, the high inflation rate is caused by imports. Brazil's primary imports are getting more and more expensive, which is then reflected by the wage increases, which leads to more inflation.

They aren't socialists. It's a meme. Just see this map.

What cares are exportations and Brazil like a common South American country is filled with commodities.

I apologize for my atrocious English. I am too tired to function right now.

why is Oceania so superior?

We are growing like crazy right now

Plus currency is getting stronger and stronger

Our central bank is sitting on 150bn€ right now thanks to curreny manipulation

First world in 10 years guys and I mean real first world not shitaly and spain shitholes

Increase in demand = Higher prices
Higher prices = lower demand, but not in this case, as brazil's wages are mirrored by prices. Combine this with toxic import policies, and the fact that wages are based on something that is almost impossible to precisely predict (prices), and you have an inflation bomb on your hands.

Here's a more coherent answer.

B R A Z I L
R

trhe difference between china and brazil is that china is export oriented industrialization while brazil is import substitution industrialization

basically brazil corruption is projected inwards and killing itself, china corruption is projected outwards and conquering outer markets

Newspeak is inventing unnecessary new words to muddle issues even further. Socialists implement socialist policies such as public healthcare or restrictions on daily working times. Communists either try to replace the current system with a communist one or run a communist system. "Social democracy" is just an artificial term created for people who enjoy benefits of socialist policies but hate the idea.

China is almost a facist dictatorship now.

socialists... communists... all the same garbage. should be shot on sight.

>China is far from being communist. China is capitalist as fuck
LOLno. China is still very a planned top-down economy where the CCP manages everything.

The right in Brazil did their best to ruin the economy to coup the government tbf.

Imagine USA politics 2008-2012 when the Republicans screamed about MUH DEFICICITSSTSSSS

Now they are trying to raise the deficit by $1.5 trillion. The "conservatives" in Brazil are running a record deficit as well. No wonder the market likes them.

Brazil is a monkey shithole. It was bad under right-wing rule in the 1980's and bad under commie rule.

This looks a lot more like a chart of how much of a shithole your country.

That's why I am triggered by correlation/causation graphics.

FDI = foreigners owning your country

It is foreigners buying your cunt at bargain barrel rates.

1970s you mean? This country went nuts since the deposition of the based anti-commie government

Dude.

For the last time,
If, as you claimed, inflation matches wage growth, real wages do not change, and there is no inflationary pressure or disinflationary pressure from labor.

You are simply wrong. Even your "corrected" statement.

?

>almost
?

China was a fascist dictatorship for its entire history. There's no point when it was not concentrated strong state power led by a small group of men/single man. Even RoC was fascist dictatorship.

Right wingers controlled your government until 1987 mi amigo. The economy shitted itself 1980-1987 when the commodity supercycle ended and you had a lost decade. Very similar to now but with commies instead.

For once I'm positively surprised by americans. They know their economics.

Always count on a jap to create smoke screens around chinks.

Brazilian or spic commie monkey obvious

Which is exactly what Brazilians want. Why do you think Brazilian posters here love Bolsonaro so much? His plan to basically sell Brazil to the USA.

>russia: was always a meme
crappy trade capabilities - no easy sea access/ difficult terrain

>brazil: still has potential
needs to drop the ridiculous protectionist measures
needs to remake the tax system entirely - we get that you guy hate large companies, but you're fucking yourself by taxing them fucking 40%, even US don't value themselves that high
ignore the radical environmentalists - trim the amazon, but make sure it's actually profitable to the gov (not your oligrachs)

Brazil is ranked #140 in the heritage index about economic freedom while norway is #25

>crappy trade capabilities - no easy sea access/ difficult terrain
Bull, they have all the sea access they need. Not an excuse.

But if you electing commies it won't be burgers but chinks, russians or other equally dubious entities (to USA) the ones who'll be buying you.

You (we, and many more) are trapped between a wall and a sword pointing ay you.

>frozen over for 1/3+ of the year
that being said, global warming might give russia that opportunity

*elect

It does matter a great deal whether or not you choose your words so that their actual meaning corresponds with what you are trying to say

The gulf of finland / st petersburg waterway is frozen for 3-4 months a year max. Also they've got warm water access all year round on the black sea coast.

Socialist policies are socialist policies, labeling them any other is intellectually fraudulent.

Corruption, an economic system that failed in the 70s and got better with the free market around the 90s, corruption and incompetence from the actual president.

love me some Sup Forums armchair experts

Brazil have one big problem actually: Brazilians don't have unity mentality. Of course it's not everyone, but most Brazilians do think like that, including our politicians. People will rob, scam, lie and do anything so to take advantage of you. Just look at the fact that our politicians robbed so much money our second richest state, Rio de Janeiro, went bankrupt. They couldn't pay public servants' salaries so they survived from other people's donations of food. And what's funny about that? Nothing happens with those politicians, or any criminal, for the matter.

The short answer is corruption. Not only our politicians, but most Brazilians are corrupt.

this literally, it will always be like this. The more socialist the country, the more fucked you are.

>The more socialist the country
Europe is fairly socialist by American standards

look it up