| Foreign aid from the U.S. is not propping up the rest of the world. In fact, the rest of the world is propping up the U.S. |
| Brazil is now one of the biggest buyers of United States Treasury securities, becoming a larger stakeholder in the ailing American economy. That is a sharp break from the past, when Washington helped cobble together bailout packages for Brazil’s financial crises.
Source: "Foreigners Follow Money to Booming Brazil, Land of $35 Martini" By SIMON ROMERO - NY Times - August 12, 2011 |
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