The economic impact of the current Exodus from the United States.

Quote from TouchdownNY:

Interesting. I'm good friends with a Brazilian family who live near me. They won't even take their children to Brazil when they visit because they say that crime is so rampant and they fear for their children's safety.

Maybe I should also tell my uncle , a Catholic priest, who has worked in shantytowns helping feed, teach, and clothe poor people there for 40 years that he should just come back home because the Brazilians no longer want his help, now that they are so much more prosperous than the US. Maybe you will then go and help them? Something tells me no. You're probably some dork who'd be robbed and stripped naked in ten minutes flat if you were in one of those neighborhoods.

Being a NY Yankees fan (the team people love to hate), I should expect this, but I find it pathetic that so many of the people here from the third world feel it necessary to constantly tell us how much our country sucks. Does it make you feel better?

Personally, I wish Brazil the best. Every country has morons in it, as we can see from reading your posts. Contrary to your wishes, Brazil's gain is not the USA's loss. Economics is not a zero sum game. You obviously have more talent for trolling than for economics, or reality for that matter.

By the way, Brazilians seem to still be flocking here, as I meet them constantly. Maybe you could go troll in a Mexican forum, and they'd start going to Brazil instead of here.
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I am friends also with someone from southeastern Brazil. He said the chances of someone with only a high school diploma getting a good paying job in Brazil are "bleak." He happily works as a foreman for a landscaping crew... He subscribes to a brazilian portuguese channel to feel connected to home.and flies home periodically to see his extended family, who depend on him for periodic financial help. They arer hardly one step above the Philippines - dreary, meager wages and just getting by.

something the statistics-twisting freak show named southamerica overlooks in his constant drivel.

I wonder how many mexicans try to sneak into Brazil, as opposed to the US, to alleviate their poverty...
 
Quote from TraderZones:

Importance of US economy to the World

Importance of Brazil economy to the World

After 7 more years of growth, the Brazil economy
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Thanks for the laugh, dude but be careful, Brazilian growth is also causing a technology explosion in blowgun manufacturing. In 7 more years, they might be able to hit you where you live!

Housing needs to be adjusted down. Where I live, the average 3-bedroom house hit 1.4 million. That's absurd to think that without ridiculous creative financing and preposterous credit practices that any middle class American with a family of four could pay that loan. They should call this one the Stupidity Bubble... but maybe we should put that one on hold for the oil bubble. Have you heard, we are running out of oil again, just like in 1977!

Maybe it was the GWB master plan to make America so unattractive, that illegal aliens would leave on their own. That's saves the US economy tons of money on immigration officials and bus fare. I'd say the man is a genius, but to be one of those requires a brain. He just has dumb luck, and lot of it.

Still, if population slows joblessness increases, and families consolidate by moving together, that drives the price of homes down. Less income, less price, too. In the late 1970's, wage inflation was able to float the higher home prices, but that is not the case now, at least not yet. If the Fed raises rates later this year, that should prevent wage inflation. As I see it, too many Fed over-done mistakes and this bubble trouble has come home to roost. This is a correction, not a depression. It is an economic slowdown, not quite a recession. I just hope a year and the corrections will be done. It would help if oil breaks before July. The Fed could cause that to happen by raising rates, but will they?

Pete
 
Quote from southamerica:

.April 12, 2008

SouthAmerica: Reply to Limitdown
Over the years when I was working on a business plan I had to expend a lot time doing research about the Brazilian population living in the United States about the legal and illegal immigrants and where they were located.

For all practical purposes there were 1.3 million Brazilians living in the United States out of 2 million Brazilians living outside of Brazil.

The 1.3 million Brazilians living in the United States was split right in the middle – half were legal immigrants and the other half were illegal immigrants.
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Interesting thing you brought up, above, SouthoftheCranium.

Consider the Berlin Wall. Many East Germans died trying to leave communism. Very few if any West Germans even tried to go the other way. It tells you which system is far better

SO

You estimate about 650,000 Brazilians live in the US ILLEGALLY. How many Americans you think risk trying to live illegally in Brazil for a better life?

Huh? No answer? Kind of tells you which economy is far better...

 
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Trader Zones: I wonder how many mexicans try to sneak into Brazil, as opposed to the US, to alleviate their poverty...


*****


May 25, 2008

SouthAmerica: Reply to TraderZones

We don't have as many Mexicans in Brazil because the Brazilian government has closed its long borders with Mexico. You can check a world map. And the Brazilian government achieved that without having to build a wall between the two countries.

Did you ever try to cross the border between Brazil and Mexico?

You should try some time and then let me know how you did it.

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Southamerica, you are absolutely right and I am also intrigued by your deep knowledge. ;)

Quote from Scalper007:

Southamerica, you are absolutely right and I am intrigued by your deep knowledge.
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Quote from le140:

SouthAmerica,

Because we got a fresh start to built our country from the ground up we will always be the greatest country in the world.

Brilliant minds at that time learn from mistakes of other countries and the rest is history. The US is like a good trading system, right now it's in a draw down period but the system will bring the account to new hi again. Unlike the rest of the world's government, when things are bad enough, we will vote someone in who can lead it in the right direction.

Our constitution allows us to do this. That's what make this country so great and it will continue to be great. No system is perfect but taken as a whole, ours is the best for now.
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le140,
You have just described what should be happening.
Sadly reality is a diffferent matter for US

regards
f9
 
Quote from southamerica:

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Trader Zones: I wonder how many mexicans try to sneak into Brazil, as opposed to the US, to alleviate their poverty...


*****


May 25, 2008

SouthAmerica: Reply to TraderZones

We don't have as many Mexicans in Brazil because the Brazilian government has closed its long borders with Mexico. You can check a world map. And the Brazilian government achieved that without having to build a wall between the two countries.

Did you ever try to cross the border between Brazil and Mexico?

You should try some time and then let me know how you did it.

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Umm, O Very Thick One. Sorry I confused you with humor.
 
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July 16, 2008

SouthAmerica: Last Thursday I had lunch at a Brazilian Restaurant in Newark, New Jersey.

When I am by myself I sit at the counter and pay attention to the conversations going on around me. About half the people or the number could be even higher of the people who are the regular customers of these restaurants around Newark are illegal immigrants.

I like to hear what they are saying for me to understand things from their point of view.

The place is huge and over the years I went for lunch to this place often and I could see how busy they were and most of the time at lunchtime it was hard to find a table or a sit at the counter.

This time around the restaurant was completely dead at the peak of lunch hour. They had about 5 people sitting on the counter including myself and out of 50 tables there were about 3 tables with customers.

I started talking with the fellow who was sitting next to me at the counter. And I found out that he was an illegal immigrant who had been working around Newark in construction for the last 5 years.

He was telling me how the construction business is getting very slow and he can’t make enough money to survive here in the US. Then I asked him why he does not got back to Brazil?

He told me it is interesting that you asked me that question – he said I have been working with the same group of people in construction for many years that includes 10 Brazilian illegal immigrants including myself – but 8 of the guys are in the process of selling everything and they have their tickets on hand and they are ready to return to Brazil with no plans to return to the US.

He told me that he is also thinking about going back to Brazil permanently since based on his experience and the experience of his friends it was not worth staying here anymore to work as an illegal immigrant.

I was not surprised by what this fellow told during our conversation.

But I also spoke with the manager of the restaurant and he told me that they had had a large customer decline for the last year, but he thought that gas price was the culprit for that kind of decline on their business. But he was aware that a lot Brazilians were going back to Brazil for good and that was also having an impact on his business in a negative way.
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