Sorry this one will be a big one. I’m looking to turn a page and restart writing, ending this blockage I have in front of me. And for that I'm doing 2 things:
1st- I’m “unbricking” this wall in front of me by addressing every thing I need to break free
2nd- I’m going to leave this retreat I'm living in and re-engaging life.
So let’s start:
Brazil is hosting the next FIFA world cup, and right now is home to the confederations cup. So every news agency in the world has an eager ear on the outcome of this preview of the “Prova Rainha”.
There was an expectation to see samba in every corner of Brazil and great collections of models like body flapping around every camera. but that’s not happening… instead we’re treated to something resembling a new age civil war.
In the last few years Brazil has had an average GDP growth, while the rest of developed and developing world has gotten by with recession and marginal growths at best , so everyone thought that Brazil will soon became part of the most developed countries.
“After becoming president in 2011, Dilma Rousseff sought to stimulate growth by hiking public spending and the minimum wage, and forcing state-run banks to lend more. The resulting inflation was tackled not by raising interest rates but by cutting sales taxes and holding down the price of items with a big impact on the inflation index, including food, petrol and bus fares. Until recently voters reacted favourably, though the economy did not.” in Economist
Increasing government spending in an slowly growing economy is like giving cheetah food to a bunny rabbit, it will do whatever it does faster, but then cutting taxes is just like picking up the bunny rabbit and tossing him into the cheetah’s cage… it isn’t pretty.
But that’s not all, because this Keynesian madness is not over until you figure out where has the money been spent, because it wasn’t spent to enrich the country’s education, healthcare or justice system, but it has instead been wasted with individual spending. In the sense give the money to the people and let them spend it as they see fit.
It would be less expensive to just burn the money.
Next time you turn on your computer just remember that if your watching porn, Obama will be watching you watching it.