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DewDiligence

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DewDiligence

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Re: ilpapa post# 5572

Thursday, 08/16/2012 5:23:03 PM

Thursday, August 16, 2012 5:23:03 PM

Post# of 29614
While everyone looks to China, Brazil is spending
many reais on transportation infrasructure:

http://www.nytimes.com/2012/08/16/world/americas/66-billion-transportation-plan-announced-in-brazil.html

President Dilma Rousseff announced a nearly $66 billion investment package on Wednesday to beef up the nation’s ailing road and rail systems, part of efforts to solve serious transportation bottlenecks and spur a sputtering economy. The investment includes laying 6,200 miles of train tracks and building or widening 4,660 miles of federal highways, with more plans soon for airports, ports and transportation on waterways.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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