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TheExpertHimself

12/20/14 10:49 AM

#72064 RE: learning curve #72063

most of the rich Brazilians have already paid for their multi million apartments here in Sunny Isles Beach...same thing with a bunch of rich Russians.

The Dezer clan, some Israeli Jews that pretty much own all of Miami Beach have always catered to the wealthy of the next busted out economy.

The rich Brazilians had to offload all of their Brazilian real a few years back. So, pretty much half of the staff at the local bank branches in Sunny Isles Beach/North Miami Beach speaks portuguese. The other half speaks Spanish, Hebrew or Russian.

Yeah, Brazil is a complete disaster...Florida on the other hand, is the land of opportunity....even if the overall workforce is pretty bad here, there is a whole lot less government interference than anywhere else.

Musclepharm needs to look at the attractiveness of the market before it jumps in with both legs. To me, Brazil looks too risky.