Rush to buy dollar at 2.44 R today.Foreigners dumping to buy dollar and leave.Brazilians buying fixed income, buyer strike for locals. This is what I am hearing here in Brazil.
Economy is very viable in Brazil.
Keep in mind the difference between credit crisis and economic crisis. Not every country finances growth on credit.
The only panic is in your mind.
Only thingto fear is fear itself!!!!!!!!!!!!!
I'm in Brazil, too.. and that sounds about right.