This is the view from an apartment in the central-south zone of Sao Paulo. There is construction everywhere in the city, another 40 high-rises will be built on this particular site shown in the picture. There are bumps ahead, but the economy has diversified itself significantly in recent years. Contrary to their northamerican counterparts, Brazilian banks have not laid off employees (other than due to mergers) and remain conservative and solid.
And here are two more views of Sao Paulo, an absolutely amazing city of over 20M people where you can go hundreds of kilometers underground in new tunnels and bridges, entering in one area of the city and exiting in another.
Tuesday, January 6, 2009
Sao Paulo Construction
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- Obama Stimulus Package and Made in USA Provisions
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- Earnings Season: Straddles for the Next Two days
- A Winning 2X and 3X ETF Long Term Strategy
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- OECD: Country Composite Leading Indicators, Brazil...
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- Sao Paulo Construction
- Ethanol and Gasoline Prices in Brazil
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