Re: [Marxism] Brazil's Markets Show Resilience

[Louis Proyect <lnp3@xxxxxxxxx>]

Walter wrote:
> Today, Lula's under intransigent critical fire from
> the Brigada Marxmailista Revolucionaria, a recently-
> organized supra-terranean posse of correct-liners
> whose fierce leadership gives him no quarter at all.

Flaccid demagogy.

> Yet Brazilian trade unionists, five hundred of them,
> who aren't happy with some of Lula's performance, are
> mobilizing TO SUPPORT him at a public event Monday:
> http://groups.yahoo.com/group/CubaNews/message/39913

And 12,000 marched against Lula and for a land reform that is desperately
needed.

> Brazil's now dumping Microsoft and going for open source:
> <http://tania.blythe-systems.com/pipermail/nytr/Week-of-Mon-20050530/018001.html>

So is IBM.

> And now, the Brazilian economy is showing resilience.

A resilient economy? A rather imprecise term in class terms.

> What else could possibly go wrong in Brazil?
>
>
> CREDIT MARKETS
>
> Brazil's Markets Show Resilience
> Political Scandal Presents
> Little Risk to Stocks, Bonds,
> Currency Since Initial Shock

Great. I'll call my broker on Monday.


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