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Brazil Bank Interest Rates At 20-Year High
Things in Brazil are getting worse by the day as the following brief summary of soaring interest rates courtesy of BNAmerics demonstrates.
Brazil Bank Interest Rates At 20-Year High
Brazil's overdraft interest rates reached 12.28% in October, the highest since September 1995 when the rate was 12.58%, according to research conducted by consumer protection group Procon.
Of the seven financial institutions included in the research, five increased their overdraft rates and one upped its rate for personal loans. The average overdraft rate of 12.28% per month was higher than that registered in September, 11.90%.
The bank that increased its rate the most was Caixa Econômica Federal, which changed its rate to 11.38% from 10.35% per month, a variation of 9.95% when compared to the September rate, Procon said.
Santander saw a positive variation of 4.21% from the previous month, Banco do Brasil had a variation of 3.69%, Itaú's variation was 2.58%, and Bradesco's was 2.41%. Other banks maintained their rates.
For personal loans, the average rate of banks surveyed was 6.27% per month, higher than the previous month, which was 6.26%. Bradesco raised its rate to 6.61% per month, an increase of 0.61% over September's rate. Other banks maintained their rates.
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That said, she doesn't appear too concerned.
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Lol, yea I had to clickbait that, That would make a Good man go bad
But then again I only read Playboy magazine for the articles too.
Where do I make a deposit?
It's Brazil, so... anywhere. Or so I've heard.
https://www.youtube.com/watch?v=fl2WJdn3qOE
https://www.youtube.com/watch?v=J71FLwVNps8
listen and learn.
They don't care, because Brazilian porn still sells.
If you are talking about the image they used, "she" almost looks like a "he".
Hmmm, looking at that pic something "else" is growing to a 20-yr High.....
I love Brazil!
I've just the thing for you...I have a spare nice 2 bed apartment in downtown Curitiba for BRL 260,000. Excellent decorative condition and fabulous views. 5 mins walk to lovely squares, shops, bars, restaurants. Curitiba possibly one of Brazil's nicest cities and only 40mins flying time from São Paulo for international connections.
Not bad, thats like 75k USD.
You might do better renting it out for like $500 a week and hire a local to keep them safe and out of trouble. You do need connections.
Everything and anything goes in Brasil but you have to do it properly or you might find yourself in a shitload of trouble.
Just saying
Renting out in Brazil doesn't usually provide a good return due to low rents outside of the hot spots of Rio etc for sucker tourists.
$500 pw would be a dreamland income. A realistic rental value would be max BRL 1500 pm with renter paying condominium.
The good news is we think there's a buyer interested at the full asking price...
Curitiba looks looks a very nice city, not to big and not to small. Looks like about a 2 hour van ride to the beach.
I have a son in Belem that I visit every once in a while. What a nightmare city that is. Traffic is hell, noise pollution and crime is unreal. The locals are wonderfull people though. Luckly he lives in a nice barrio.
Good luck with selling your apt and nice to meet you.
If you're seriious send nominal details by inbox. A place in CWB is interesting to me Valeu!
Why does every article on Brazil feature the picture of hot woman? I've been there and the proportion of hot women is well below that of say Northern Europe.
krakow poland has the hands down hottest chicks i've ever seen anywhere. there scale goes from 1 to 15
I love Polish women. That is probably why any time there is a war bigger than a bar fight in Europe the first nation to be invaded is Poland
ukraine is not bad, imo.
here, a blast from the past that i can't believe didn't melt the ice beneath her steel.
https://www.youtube.com/watch?v=N-LpQ9Q773k
Had a friend that migrated here from Krakow with his family. Always wanted me to go back with him and check out the girls. Damn, I was too poor at the time.
"De gustibus non disputandum est." Tastes cannot be argued. In my view, the most beautiful women in the world are found in Chile and Ethiopia. Every group has its charms, and tastes can be acquired. The most sophisticated and best dressers are the French, and the most lovable, the Panamanians.
and fletcher high school's junior varsity cheerleaders 1966 were pretty impressive as well.
pam, linda and phyllis, shout out.
As a Northern European, let me be the first to say that you do not have a clue.
We should keep in mind, by way of comparison, that the interest rate on US credit cards BEGINS at 15%
u obviously just read the articles......
Does any browser, any at all , work good on this site?
I use Firefox (Palemoon build) and it's great. "Palemoon website"
firefox with no script works
firefox with noscript, ghostery, ABP and anonyox.
USA, USA, USA, USA
Ironic what you need to read ZH properly
i use chrome with adblock plus works like a swiss watch
god dammit....
im in a relationship.........
Iran, Brazil. So many beautiful women. Who can chose?
Oh yeah. interest rates. what a shame
millions and millions of beautiful....
aww feck it. Women hate me
yes, it's not so much who can you choose as who will choose me, isn't it?
My ex. was Polish. Explains a lot.
How many millions in a Brazilian asks George Bush: http://my.telegraph.co.uk/beauvoir/beauvoir/3893161/How_many_millions_in...
Some Western women are not too bad either... providing you are not sober: https://en.wikipedia.org/wiki/Catherine_Ashton
The point is, that the Central Brank of Bra-zil, like any other central bank in the world is a branch of FED and a currency board. It is FED that sets high interest rates in colonies, and that's one of the mechanisms of the colonial taxation -- regardles of what subtle propaganda tools like ZH try to present.
For the life of me I can't get why sheeple hate FED, without FED the country would become the United States of Apocalypse.
GOOD! This is the most positive news I've read all day. The only way to solve too much debt is high interest rates. The people need to be trained not to borrow like dumb mules via pain. They need to walk into that bank and actually use a calculator asking themselves, "Can I really afford these ridiculous payments?"
That is the first crack in the debt wall.
What excellent news!
rates are calculated per month. lulz
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Getting on this ASAP ...
If there wasn't a big picture of the click bait hot ass Brazilian gal somewhere within this article I swore to myself that I would never click on a Friday Brazil ZH article again.
Now I'll go back and read the article. Thanks Tyler.
erasing history "ass" i speak...
i didnt see nothin.......
Ok. So I read the article. That chick smoking hot. And something about...? hummm. Yeah. She's hot.
no man should die before he touches the shores of brazil...
oh well....toomuch "tekillya"...and i talking too much.....
Kaiser over and out....
How will this effect Brazilian body wax pricing under TPP?
Is she available to take over as Fed Chair?
We don't need another dick washer heading up the Federal Reserve.
Trenchant observation.
But, on the other hand, a trade-in of the old model for this new sportster would ensure that the public pays much more attention to the Fed meetings.
Speaker of the house.
Is she available to take over THE Fed chair?
Why should she be worried?
Interest rates. Boy problem.
Not being able to afford her. Boy problem.
Finding cute outfits to match that silly scarf she's waving around. Now that's her problem.
But paying for it. Boy problem.
fabric by the millimeter is never an economic problem ;)
Right-click, "Search Google for this image", click, "visually similar images"... oh yeah.
Brazil stocks have been on a tear for at least a week now, hm.
Clickbait chick's interest rate is high... sure'nuf
Brazil doesn't have any problem getting it (their interest rate) up. Funny how that happens when you don't print trillions to cover your friends' losses.
Brazil planning on huge revenue infusion during the 2016 Olympics. Between ticket sales, hotels, rental cars, food, entertainment, prostitutes, stickups, and drug trafficking, they stand to come up only a few hundred million short of the cost to host.
Just came here for the picture.