Comments by "serafina costa" (@serafinacosta7118) on "Zeihan on Geopolitics" channel.

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  6. Way off in Brazil Peter. Until you spend some time around here , your assessments will be flawed. Dependency on Foreign Capital. To some extent , true. About 2013, what took 10 years in left in one year. It has taken another 10 years to recover. Yet, builders still build , frontier cities are being developed, new eldorados pop now and then. Yet the financial services sector is realizing there is money in the mattress and way too much money in real estate. It is called savings ratio, and this propels investments down the road. Brazil is a Federalist Country. There are no state lotteries or state income tax. Money goes up the pyramid before it trickles down. So the federal government control the purse strings. No secession would work under these circumstances. Because it is a politically stable country , with religious freedom , rule of the law , and a huge single consumer market , before you explore Latin America , it bodes well for anyone who learn how to invest in its consumer market. It is a net food exporter. Raw or processed. One of the large meat processing conglomerates ( Cartel like ) in the US is Brazilian. We move time to place like Iran , Saudi Arabia, China , European Union, Japan. Quietly, it is taking I migration. Palestinians , Syrians , Egyptians , Chinese , Africans , Ukrainians , Italians, Germans , are all showing up on our shores. Pakistanis are begging to get arranged marriage papers. We have a diversified economy with financial services, manufacturing , mining, agriculture, retail , real estate. Our health care is growing on domestic demand, and quietly on medical tourism. Cities like São Paulo, Santo André, Campinas, Ribeirão Preto, Piracicaba, São José do Rio Preto, Curitiba, São José dos Campos, Taubaté , Porto Alegre are leading the way in the health care sector. Our domestic pharma, go check the FDA logs for violations. Not many, if any at all. Lots of plants moving in to the State of Goiás. Get your head out of the hole.
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  29.  @MarcosElMalo2  correct., and agreed upon. Just wanted to point that Graft in procurement isn’t just a Russian thing. America has a USD 815 billion per annum DoD budget. Russia, not even a 10th. There is a large sum to hide line itens. And yes, the Russian defense barely sees the equivalent in invested Rubles. They are a joke. As for how fair DoD contracts are, cost overruns alone do not account for the amount of waste that goes in procurement. When George Bush Senior took office , they had to make cuts on defense that triggered M&As and consolidation. Taking aside subcontractors , major contractors are fewer , which means you have all the perfect conditions for price fixing. On the fair side of things , the Veterans Administration has negotiated procurement contracts for medicines at market prices , while the Medicare program has gotten bills passed that restrict their ability to even negotiate on the same level, even thought Medicare procures a lot more than the VÁ Hospitals combined. That much in thanks for scutterbutting votes at the houses, at wee hours of a Monday , to vote a bill that blocks Medicare in enjoying the same privileges the VA has. Republican Congressman Bill Tauzin from LA championed the bill. The same sleazebag that blocked the competitive Telecommunication Act championed under FCC by Bill Kenard ( Clinton Administration ). Full disclaimer, I voted Obama twice , Trump once, and if Bill Weld would have won the Republican Primary , then he would get my popular vote. So I do not toe party lines.
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  48.  @actionjksn  You made a reply based on your perceptions of ideologies you spouse. I am no communist or socialist, nor I could care less about either ideologies. As matter of fact , I never lived in any socialist country. Nor would I wanted to live in any. All I said was …. In Socialist and Communist Countries , infra structure projects with high up front sunk costs stand better chances to be greenlighted whereas in Countries with strict market based economies they most likely won’t get funded. On market driven economies , these pet projects might not be approved as there would be no projected rate of return under in any case scenario. Even at the expense of leasing out the concession to bidders. A good example is the widespread knit of passenger rail lines in China. It is touted most rail lines won’t show any return for decades , if ever at all , but the Party Bosses wanted , and they made money available to such. Whether China is a totalitarian Country or not , or there is widespread graft , or if the rail bridges will fall apart in a matter of few years on the account of a poorly built tofu structure , it does not matter. What really matters is that the average Chinese can board a passenger train affordably so , to cross the country. And the local party bosses have construction sites in their city or province to provide employ. And that there is enough pork barrel to go around. And that the cadre leaders look good to appease the populace. Same principle applies to Utility Power Generation. It is granted a “Green Project “ might stand a better chance to be approved in places where market based is not the only law of the land. And by the way , the Hoover Damn might never get approved if weren’t for FDR’s New Deal program, and even after all the backroom deals with Democrats. The Country’s ultra wealthy wanted no part of the New Deal package. Roosevelt threatened them with the imminent danger of the rising tide of Comunism in America. The American Communist Party had then a strong following back then. Upton Sinclair run the ballot on the Communist Party Ticket. That same dude who wrote a Muckracking expose on the Chicago Meat Packing Industry. And the Roosevelts ( both, Teddy and Frank ) were no Saints . FDR made some pacts with the Devil to get the New Deal passed. Eleanor Roosevelt knew about it. And she hated Frank for that , more than his dalliances with his mistress. Those are facts. So get off your soap box.
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