Brazilian politics
Jul. 12th, 2006 06:36 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
guslPity the Brazilian Voter is a very good summary of Brazilian politics. Main points:
* most parties have no ideologies, as can be seen by the alliances
* no party is very concerned about lowering taxes
In my opinion, the most serious problems in Brazil are:
* starting a business is very hard because interest rates are ridiculous. If banking were deregulated, private bankers could make lots of money. (Btw, do credit givers anywhere ever make personalized investigations, in order to assess someone's credit-worthiness? I think anti-discrimination laws tend to get in the way of this.)
* taxes are way too complex.
* Corruption exists at all levels, and is accepted as part of the culture. Meritocracy is far behind Friendocracy.
By the way, Brazilian government bonds are probably a good investment.
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I also like this piece: World Cup brings Out the Best and Worst in Brazil.
* most parties have no ideologies, as can be seen by the alliances
* no party is very concerned about lowering taxes
In my opinion, the most serious problems in Brazil are:
* starting a business is very hard because interest rates are ridiculous. If banking were deregulated, private bankers could make lots of money. (Btw, do credit givers anywhere ever make personalized investigations, in order to assess someone's credit-worthiness? I think anti-discrimination laws tend to get in the way of this.)
* taxes are way too complex.
* Corruption exists at all levels, and is accepted as part of the culture. Meritocracy is far behind Friendocracy.
By the way, Brazilian government bonds are probably a good investment.
---
I also like this piece: World Cup brings Out the Best and Worst in Brazil.