[kj] (OT) Brazil, Canada or Bust - Civilzations wax and wane

sade1 saulomar1 at yahoo.com
Tue Sep 28 19:45:29 EDT 2010


True enough, and can become truer with time.
On the plus side, Brazil's cultural star also may rise and world
culture may *ahem* 'wax' Brazilian. Killing Joke could open Mardi Gras in Rio.





________________________________
From: folk devil <folk.devil at hotmail.com>
To: gathering at misera.net
Sent: Tue, September 28, 2010 10:42:49 AM
Subject: [kj] (OT) Brazil, Canada or Bust - Civilzations wax and wane

http://finance.yahoo.com/tech-ticker/10-signs-the-us-is-losing-its-influence-in-the-western-hemisphere-535456.html?tickers=eem,ewz,fxi,eeb,jjm,^dji,xle

 
Yahoo, I know...
 
10 Signs The U.S. Is Losing Its Influence In The Western Hemisphere:
 
Provided by the Business Insider:
 
Even if the U.S. hadn't crashed into a financial crisis, there are demographic,
material, and political forces that have been spreading power around the
Americas for decades.
Brazil is first among the BRICs (Brazi, Russia, India, and China) -- four
economies that are supposed to overtake the six largest Western economies by
2032.
Mexico is first among the MAVINS (Mexico, Australia, Vietnam, Indonesia,
Nigeria, and South Africa) -- six economies we expect to blow away expectations
and become leading powers in their regions relatively soon.
Canada and Venezuela are oil powers of the distant future.
Peru and Chile are sitting on a fortune of metals and minerals.
All these countries are cranking up, while America faces plenty of fiscal and
demographic problems at home.
Here are Signs the U.S. Is Losing Its Influence In Its Own Backyard:
Our most powerful regional ally--Brazil--refuses to follow our orders on Iran
Hillary Clinton went to Brazil to beg support for sanctions against Iran and
came away empty handed.  Now the UN is counting on Brazil, which is friendly
with America and Iran, to lead nuclear diplomacy.
The World's Richest Man is now a Mexican, not an American.
For the first time in 16 years, the World's Richest Man is not an American.
Carlos Slim, worth $54 billion, is the first Latin American to hold that title
and one of many emerging market billionaires to eclipse the U.S.
Three years after a US financial crisis, Latin America is again growing rapidly.
The U.S.? Not so much...
Compare this to what happened during the Great Depression. Latin America was
devastated when U.S. investment dried up and the export market soured in the
30s. A League of Nations report said Chile, Peru, and Bolivia suffered the
world's worst depression.
Today is quite different. Brazil, Argentina, and Mexico have led a buoyant
recovery from the global recession, according to Reuters. The regional economy
is expected by the UN to grow 4.3 percent in 2010. If the American consumer
remains weak, Latin American exports will move elsewhere.
Chile produces 300% more copper than America--the former world leader in copper
production

America used to lead the world in copper production. We produced 49% of the
world's copper in 1929, according to this article from the archives.  Today we
produced 1.2 million tonnes yearly, compared to 5.4 million tonnes in Chile.
Brazil now produces over four times as much iron ore as the U.S.. We used to
lead that industry, too.
America once led the world in iron mining. In 1892 we discovered the world's
largest mine at the Great Lakes Mesabi Range. It was a wellspring for America's
industrial might and the foundation of the rust belt.

Now we claim reserves at 2,100 mt. Seven countries claim higher reserves,
including Brazil at 8,900 mt.  We produce only 54 mt yearly, while Brazil
produces 250 mt.
Canada and Venezuela will pass the U.S. in oil production in the next decade
America produces around 9 million billion barrels of oil a day. Venezuela and
Canada each produce around 3 million.  But America's reserves are 21 billion
barrels and may last less than a decade. Our oil-rich neighbors claim 99 billion
bbl and 178 billion bbl, respectively, and will keep producing oil into the
distant future.
Now Brazil exports over twice as much beef as we do
America used to lead the world in beef production. Although we still do, America
exports only 800,000 mt of beef per year. Brazil exports 2,200,000 mt.  Here's
some ironic excerpts from a 1911 NYT article: "American-Canadian syndicate to
have world's largest beef plant in Brazil... The chilled beef industry has never
been tried before in Brazil and has only recently gotten under way in
Argentina."
Brazil is now a critical partner for Russia, India, and China
The acronym coined by Goldman Sachs to describe the four key emerging powers has
taken on a life of its own.  Brazil, Russia, India, and China have held several
summits and even discussed making a supranational currency -- that would pull
the rug out from the U.S. dollar.
What's important here is that global emerging powers have good relations and are
inclined to work together. For instance, China just signed major contracts to
build factories and high-speed rail in Brazil.
Brazil, Canada, and Mexico all invest a greater share of GDP in clean energy
A Pew survey found that Brazil invests 0.37% of its economy in clean energy.
Canada invests 0.25% and Mexico invests 0.14%.  America is eleventh in the world
at 0.13%.
Hugo Chavez is still in power
The CIA has a notorious history of interventions in Latin America, supposedly
targeting Jacobo Arbenz Guzmán, Fidel Castro, Manuel Noriega, Rios Montt, Che
Guevara, and many others.  But they haven't stopped Hugo Chavez from railing
against the United States for years. Clearly America has adopted a more passive
regional strategy.




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