Author Archives: Maninmanaus

Top 10 Things Brazil must improve – 5. Trust Based Systems

 Brazil wastes  billions on propping up a culture and systems based entirely on mutual mistrust. Every aspect of daily life is touched by the fundamental philosophy that you must trust no-one. It is, sadly, a self-fulfilling prophesy, and has resulted … Continue reading

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Top 10 Things Brazil must improve – 4. Employment legislation and unions

Brazilian employment legislation is extremely paternalistic, perhaps in response to a history of widespread slavery and indentured labour and an extremely unequal distribution of wealth. However, much as it may be understandable, it is inappropriate for a country wanting to … Continue reading

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Top 10 Things Brazil must improve – 3. Encourage smart gringos to help.

Brazil needs a lot of help. It has needed a lot of help for a very long time. But the people in power are having such fun they certainly do not want to be told what to do by a … Continue reading

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Top 10 Things Brazil must improve – 2. Remove Trade Barriers

Protectionism and why it is a steaming pile. It is a tradition among countries with economies run by paranoid idiots to try to protect domestic economic activity by imposing unfeasibly high import duties on foreign goods, long long after it … Continue reading

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Top 10 Things Brazil must improve – 1 The Legal System

Let me state at the outset that I am not a lawyer, nor do I fully understand the legal system in Brazil. I do know however, by observation and experience, that there is nothing – absolutely nothing – remotely just … Continue reading

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Top 10 Things Brazil Must Do

Not wishing to criticise without offering solutions, I decided to list some of the things I think are a priority for Brazil to sort out. The list is not exhaustive. Reform the legal system. Remove trade barriers Encourage smart gringos … Continue reading

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Caindo no Real (getting real)

There is an interesting piece today by the NYT, and it is morbidly gratifying to see that the foreign press is finally beginning to get something of the measure of the crisis here. It should be noted however that the … Continue reading

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Let’s Get the Shopkeepers!

I am inspired today to completely de-mystify the Brazilian Corporate tax system, whose potential 90 different taxes seem to puzzle some people. Well, yes, there are apparently 90 taxes you are potentially exposed to in Brazil, but for the purposes … Continue reading

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Manaus, this is your alarm call

Is Manaus heading for disaster? Continue reading

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Explaining the Inexplicable

I have often said that without fundamental reforms of the legal system (and other basic systems) Brazil will always be a hopeless mess, period. The financial markets may consider the problem irrelevant in the context of short term gains; the … Continue reading

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