“A China faz péssimo investimento”!

O grande tema de nossos dias tratado como se deve (aqui):

Economists are full of bad ideas. Terrible ideas seem to emerge when the gurus get together to talk about coordinating their bad ideas. Last week’s public letter from Treasury Secretary Tim Geithner to the G-20 finance ministers is a great example

Nota: Mantega tem razão: “Cortar gasto não freia real”. Ao contrário, cortar gasto pode apreciar o real mais ainda, apesar de juros menores ou em queda. Isso Mantega, continue aumentando gasto. Em breve o real começará a depreciar!

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