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<p><b><span style="color: red;">The Economist</span></b><b><span style="color: red;"> publicou!</span></b><b><span> </span></b></p>
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<p><b><span style="font-size: 10pt;">Situa��o do Brasil antes e depois<span style="color: navy;">: </span>Itens</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><b><span style="color: red; font-size: 13.5pt;">Nos tempos de FHC</span></b><span style="color: red; font-size: 13.5pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><b><span style="color: red; font-size: 13.5pt;">Nos tempos de LULA</span></b><span style="color: red; font-size: 13.5pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p><b><span style="font-size: 10pt;">Risco Brasil</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">2.700 pontos </span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">200 pontos </span><span style="font-size: 12pt;"></span></p></td></tr>
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<p><b><span style="font-size: 10pt;">Sal�rio M�nimo</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">78 d�lares </span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">210 d�lares </span><span style="font-size: 12pt;"></span></p></td></tr>
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<p><b><span style="font-size: 10pt;">D�lar</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">Rs$ 3,00 </span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">Rs$ 1,78 </span><span style="font-size: 12pt;"></span></p></td></tr>
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<p><b><span style="font-size: 10pt;">D�vida FMI</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">N�o mexeu </span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">Pagou </span><span style="font-size: 12pt;"></span></p></td></tr>
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<p><b><span style="font-size: 10pt;">Ind�stria naval</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">N�o mexeu </span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">Reconstruiu </span><span style="font-size: 12pt;"></span></p></td></tr>
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<p><b><span style="font-size: 10pt;">Universidades Federais Novas</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">Nenhuma </span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">10 </span><span style="font-size: 12pt;"></span></p></td></tr>
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<p><b><span style="font-size: 10pt;">Extens�es Universit�rias</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">Nenhuma </span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">45 </span><span style="font-size: 12pt;"></span></p></td></tr>
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<p><b><span style="font-size: 10pt;">Escolas T�cnicas</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">Nenhuma </span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">214 </span><span style="font-size: 12pt;"></span></p></td></tr>
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<p><b><span style="font-size: 10pt;">Valores e Reservas do Tesouro Nacional</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">185 Bilh�es de D�lares Negativos </span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">160 Bilh�es de D�lares Positivos </span><span style="font-size: 12pt;"></span></p></td>
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<p><b><span style="font-size: 10pt;">Cr�ditos para o povo/PIB</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">14% </span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">34% </span><span style="font-size: 12pt;"></span></p></td></tr>
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<p><b><span style="font-size: 10pt;">Estradas de Ferro</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">Nenhuma </span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">3 em andamento </span><span style="font-size: 12pt;"></span></p></td></tr>
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<p><b><span style="font-size: 10pt;">Estradas Rodovi�rias</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">90% danificadas </span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">70% recuperadas </span><span style="font-size: 12pt;"></span></p></td></tr>
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<p><b><span style="font-size: 10pt;">Industria Automobil�stica</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">Em baixa, 20% </span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">Em alta, 30% </span><span style="font-size: 12pt;"></span></p></td></tr>
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<p><b><span style="font-size: 10pt;">Crises internacionais</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">4, arrasando o pa�s </span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">Nenhuma, pelas reservas acumuladas. </span><span style="font-size: 12pt;"></span></p>
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<p><b><span style="font-size: 10pt;">Cambio</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">Fixo, estourando o Tesouro Nacional. </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">Flutuante: com ligeiras interven��es do Banco Central </span><span style="font-size: 12pt;"></span></p>
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<p><b><span style="font-size: 10pt;">Taxas de Juros SELIC</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">27% </span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">11% </span><span style="font-size: 12pt;"></span></p></td></tr>
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<p><b><span style="font-size: 10pt;">Mobilidade Social</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">2 milh�es de pessoas sa�ram da linha de pobreza </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">23 milh�es de pessoas sa�ram da linha de pobreza </span><span style="font-size: 12pt;"></span></p>
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<p><b><span style="font-size: 10pt;">Empregos</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">780 mil </span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">11 milh�es </span><span style="font-size: 12pt;"></span></p></td></tr>
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<p><b><span style="font-size: 10pt;">Investimentos em infraestrutura</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">Nenhum </span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">504 Bilh�es de reais previstos at� 2010 </span><span style="font-size: 12pt;"></span></p>
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<p><b><span style="font-size: 10pt;">Mercado internacional</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">Brasil sem cr�dito </span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">Brasil reconhecido como <b>investment grade</b> </span><span style="font-size: 12pt;"></span></p>
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<p><b><span style="font-size: 10pt;">Lideran�a internacional</span></b><span style="font-size: 10pt;"> </span><span style="font-size: 12pt;"></span></p>
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<td style="padding: 0.75pt 0.75pt 0cm; width: 28.78%;" valign="top" width="28%">
<p style="text-align: center;" align="center"><span style="font-size: 10pt;">Brasil <b>n�o � l�der</b> (alinha-se com EUA).</span></p>
<p style="text-align: center;" align="center"><span style="font-size: 10pt;">(FHC Formado na USP e Sorbone)</span><span style="font-size: 12pt;"></span></p></td>
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<p style="text-align: center;" align="center"><span style="font-size: 10pt;">Brasil reconhecido como <b>lideran�a no cen�rio latino americano e mundial. Lula recebe pr�mio em Davos �</b>(taxado de ser analfabeto). </span><span style="font-size: 12pt;"></span></p>
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<p style="margin-bottom: 12pt; margin-left: 12.75pt; margin-right: 72pt;"><span style="font-size: 12pt;"><br></span><span style="color: rgb(0, 51, 0); font-size: 13.5pt;">Vais repassar este e-mail tamb�m, n�?</span><span style="font-size: 12pt;"></span></p>
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