Daily Archives: August 28, 2012

The most badass Brazil v Mexico economy chart you’ve ever seen

BBVA Research has just published the Mac Daddy of all Brazil-Mexico economic research charts. Go home, Poseurs:

I’m not sure what the general relationship is between length of time required to digest a graph versus usefulness of the graph, but at least in this case there’s a lot to think about. Here are some of the takeaways BBVA draws from this, not all of which I totally buy into:
Continue reading

Emerging & Frontier Markets Headlines 2012.08.28

“In many instances, the money from drugs was the only liquid investment capital available to some banks at the height of the crisis. “Interbank loans were funded by money that originated from the drugs trade and other illegal activities,” he said. “There were signs that some banks were rescued that way.” The United Nations estimated that $1.6 trillion was laundered globally in 2009, of which about $580 billion was related to drug trafficking and other forms of organized crime. — NYT

What happens when I read the fiftieth article debating whether Brazil or Mexico will have a bigger economy, replete with clichés and soccer references — Rio Gringa

“Countries whose growth depends either on growth in Chinese investment or growth in European demand are going to see significant deterioration in their trade accounts. This will almost certainly lead to even more trade intervention, currency wars, and all the other beggar-thy-neighbor polices typical of a global demand contraction.” — Michael Pettis
Continue reading