Valor Econômico: Grande banco dá crédito via fundo
We're watching the beginning of the use of "financial innovations" in Brazil. Those shenanigans are increasing the leverage of the financial system in a moment of great credit expansion.
Another danger (opportunity!): A very large part of the funding for the credit given in Brazil comes from abroad. If the international markets dry, something bad (great!) is going to happen here.
I hope I have suficient ammunition when the great crash arrives. I'm stuffing the barn and waiting...
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2 comments:
Probably will occur something similar to 2008 when SADIA and VCP had broke down.
http://exame.abril.com.br/economia/noticias/estudo-aponta-que-endividamento-do-brasileiro-e-recorde--2
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