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Forums - General Discussion - It's extremely frustrating being a technology lover in Brazil.

My internet speed is terrible, and there's only 1 internet provider in the city I live in. And even we get 750gb a month



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Netyaroze said:
BHeletrica said:

I agree whith you that some non profitable companies can be more valuable than profitable ones. But my real point is that unlike amazon, Elon Musk companies arent serious. Look at his portfolio: colonize mars? we cant even do it on the moon yet! the hyperloop? the tecnology to do this kind of traveling possible does not exist! In the case of tesla the tecnology is there but its not optmized yet for the market, it can take decades even a century to the electric car price become comparable to the oil car. What im really trying to say is that elon musk main goal is to sell an ilusion, the real final product is a mere casuality if it hapens.

Elektrical Cars are relatively affordable and start to compete with Oil Cars atleast in the upper Class. Tesla and BMW i3 are a regular picture for me. In 1-2 decades oil cars will be replaced by Electric cars. I say that because I see first hand how the Automotive Industry in Germany is investing Billions. All my friends who studied electro engineering are working in R&D for Bosch Varta Mercedes Porsche. There is a market and it will hit everyone very soon.  Or else nobody would spend money for that. Porsche Mercedes Volkswagen BMW all of them will expand their investments in to this technology even more. I dont give a fuck about Musk and if he is a conman or not. But Tesla undoubtedly woke the german manufactures. EVs are here to stay and will come fast. 

At lest in the upper class, wich englobe 10% of the maket? a very small part i´d say. Tesla does not woke anything, they just have a bigger marketing machine. All the car companies are researching the electric fuel because there will be a market for electric cars and everybody want a piece of it. Tesla does not invent the concept of electric cars, the concept exist for decades, they just make the public believe they are pionieers.  I study electric engeneering in Brazil and this topic is a very popular talk whith my professors. Im sure that the germans manufactures are developing the tecnology because of their self interest not because tesla.



A lot of countries have their high tax, and even some states of the USA. The US$ being up YOY isn't just for 1 country, it is a worldwide problem. And what is expected for a technology lover is to be among the early adopters, they are supposed to have money.

For a country like Brazil with 200+ Millions of people, very poor regions and very rich ones, having a PIB Per Capita of over 29.000R$ (over 14.500US$ at last year's exchange rate) per citzen isn't a low number.



invetedlotus123 said:
Slimebeast said:

"because there`s a lot of  money there" Now that was a straightforward answer.

And what would you do for a living?

I would try to become a internation lawyer of some sort, since I get my degree in Law this year. 

Nice!

I live in Curitiba,  studying Law too

Where do you live?



Slimebeast said:
Wasn't Brazil's economy booming in the years before 2008 (or whenever it was the global financial crysis hit your country)? Or am I rong?

I fink you hade a nice 5% GDP yearly growf and wages went up. But the crysis has gone on for much longer in Brazil than it did in the West.

Sort of. It´s true that our economy had some years of grow. The period between 2000-2008 was one of the best in the country´s history , but not all years have been great, some were very good, others not so much.

But most of that period also met horrendous government spending on things from populist spending programs to enormous State "rigging" (unecessary increase of governments divisions and personal), not to mention billions of dollars lost in corruption and very few investiments in infra-struture, healthcare and education. Our Government also masked many statistics about the reality of the country, fooling foreign investitors, media and brazilians themselves.

Now the country has a R$ 3 trillion ( USD 990 billion - about 70% of our GDP ) public debt do deal with. The effects are seen not only in the economy but also in public services.  We´re passing through a recession that was predicted long ago and our government did very little to try to ease its effects. Who knows when the economy will recover, but it will take a few years for sure.



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invetedlotus123 said:
Slimebeast said:
Wasn't Brazil's economy booming in the years before 2008 (or whenever it was the global financial crysis hit your country)? Or am I rong?

I fink you hade a nice 5% GDP yearly growf and wages went up. But the crysis has gone on for much longer in Brazil than it did in the West.

It was a fake. And the Crisis that have hitted us from 2014 til now destroyed everything we grew in the 5 years prior. Brazil economy is being dismantled. It`s sad because we can actually see the crisis happening, loads of business closing doors, loads of people that got extremely qualified for the future that was promised us are now having a hard time to find a job at a call center, people living in the street are becoming more common than we should be confortable with. 

And what is worse is while the wages are becoming lower the prices are increasing in horrenduous rates, and for basic things like food, water and electricity. Going to the supermarket is now a nightmare and many low income families are having to rationalize food so they don`t starve. Housing in any big city is also a nightmare. Renting prices went up so much that, like in my city, that a basic apartment in a middle class neighborhood price for renting is 1000 BRL per month, excluding any other house costs. 

In Rio De Janeiro things are even worse, in some neighborhoods there the price for a very basic flat can reach 2 million BRL, it`s cheaper to buy a castle in FRance than an apartment in Leblon or Barra ( Rio neighborhoods).

Yep. Pretty much like it. It´s crazy, right? And this is not even the highest price we can find for a regular flat.



Swordmasterman said:
A lot of countries have their high tax, and even some states of the USA. The US$ being up YOY isn't just for 1 country, it is a worldwide problem. And what is expected for a technology lover is to be among the early adopters, they are supposed to have money.

For a country like Brazil with 200+ Millions of people, very poor regions and very rich ones, having a PIB Per Capita of over 29.000R$ (over 14.500US$ at last year's exchange rate) per citzen isn't a low number.

Yep... it doesn´t seem low compared to a number of countries but about 39% of that income goes on taxes. And public services in the country are generally terrible, so people don´t have much  of  (if any) a compensation for such heavy tax burden.



Swordmasterman said:
A lot of countries have their high tax, and even some states of the USA. The US$ being up YOY isn't just for 1 country, it is a worldwide problem. And what is expected for a technology lover is to be among the early adopters, they are supposed to have money.

For a country like Brazil with 200+ Millions of people, very poor regions and very rich ones, having a PIB Per Capita of over 29.000R$ (over 14.500US$ at last year's exchange rate) per citzen isn't a low number.

It becomes low because here there's a huge unequally division of riches. There are a part of the population that is obscenely rich and a huge amount that is extremely poor and the middle class. They say here that 1% of the population controls around 30% of all the money. 



lonerism said:
invetedlotus123 said:

I would try to become a internation lawyer of some sort, since I get my degree in Law this year. 

Nice!

I live in Curitiba,  studying Law too

Where do you live?

Goiânia. I'm moving to Salvador next year. 



Slimebeast said:
Wasn't Brazil's economy booming in the years before 2008 (or whenever it was the global financial crysis hit your country)? Or am I rong?

I fink you hade a nice 5% GDP yearly growf and wages went up. But the crysis has gone on for much longer in Brazil than it did in the West.

 Is GDP the money that each citizen gets / by the number of citizens of the country ?

 

Brazil wasn't affected by the global financial crysis, but now it is being affected. From 2009 to 2014 the only time Brazil was down on GDP was  by 0.1-1% in 2009, but was up by 3-7% every year from 2010 to 2014. Those are the actual numbers for the country.

 

Here on Brazil the people are really one sided and majority  isn't aware of the true situation of the country, even a lot of newspapers are misleading. The problem is that half of the country is one sided for one thing while the other is for the other thing. The Last elections were 54 Millions of votes against 52-53 Millions of votes (in the last part, which only had 2 candidates). The 2 had very different opnions.

 

One wanted to sell everything, even a lot of healthy public companies, and take responsibility away from the state. Like Culture, Healthy and Education, make everything private to lower the costs of the government. Indeed, they sold a very  good public mineration company, Vale do Rio Doce, for a low price when they had a  President in the 90s. And is because of that President that now, on Brazil, a President can be eligible for 2 elections in a row. In each one they can stay for 4 years if they win.

 

The other one want to make everything without  making nothing private, cancelling social programs or cancelling the payment of retiree and pensioners. The Government can't afford all of that. She was the one who was elected as President in  2014

 

You need to see official documents because it is very hard even for the press because of how one sided things are. One focus on healthy programs, like taking doctors from other countries to Brazil, and Social programs, like paying some money for people and making houses. While the other program take away the higher tax for transactions, the ones that rich people usually pay. And, more recently, after they changed the President. They took away some benefits of the workers and raised the number of hours worked per week by more than 50%.

 

To make it short. The "battle" here is between a popular program that need to be tied with unpopular candidates in order to be elected and thus have a half-sided government. Against a un-popular government that focus on making everything private, despite how well the company or thing is, and will focus on banks and this kind of thing. The only difference is that one candidate, the one who was the president, is tied because of campaign deals that she made in order to be elected, while the other  have the "unpopular thing" from the start, as an intention.

 

One more thing, the "unpopular" one is the leader of the Senate and every other thing of the genre.