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William CochranCall61.­qxd Adobe Acrobat 6.­0 Paper Capture Plug-­in deflation Journal of Libertarian Studies , Fall 1977, 1(4), pp. 341-­348.

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As the future of the American economy seems to get bleaker by the day, it is tempting to look abroad for business opportunities. Europe and Asia don't provide much hope, but what about somewhere that's both closer to home and sunny year-­round? In James D. Davidson shows that the current financial situation in Brazil is a haven for those looking to make money in a world in turmoil. With a population just 62 percent the size of that of the US, Brazil has added 15,­023,­633 jobs over the past eight years, while the US has lost millions. In a world burdened by bankrupt governments and aging populations, Brazil is solvent, with two people of working age for every dependent. In a world of "Peak Oil" Brazil is energy independent, with 70 billion barrels of oil, 60% of the world's unused arable land, and 15% of its fresh water. Comparatively non-­leveraged—and with significant room for growth and expansion, as well as vast natural resources, Brazil is a haven of opportunity. Written by . . .

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Look to Brazil for safe, stable investmentsAs the future of the American economy seems to get bleaker by the day, it is tempting to look abroad for business opportunities. Europe and Asia don't provide much hope, but what about somewhere that's both closer to home and sunny year-­round? In Brazil is the New America: How Brazil Offers Upward Mobility in a Collapsing World, James D. Davidson shows that the current financial situation in Brazil is a haven for those looking to make money in a world in turmoil.­With a population just 62 percent the size of that of the US, Brazil has added 15,­023,­633 jobs over the past eight years, while the US has lost millions. In a world burdened by bankrupt governments and aging populations, Brazil is solvent, with two people of working age for every dependent. In a world of "Peak Oil" Brazil is energy independent, with 70 billion barrels of oil, 60% of the world's unused arable land, and 15% of its fresh water. Comparatively non-­leveraged—and with . . .

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Look to Brazil for safe, stable investmentsAs the future of the American economy seems to get bleaker by the day, it is tempting to look abroad for business opportunities. Europe and Asia don't provide much hope, but what about somewhere that's both closer to home and sunny year-­round? In Brazil is the New America: How Brazil Offers Upward Mobility in a Collapsing World, James D. Davidson shows that the current financial situation in Brazil is a haven for those looking to make money in a world in turmoil.­With a population just 62 percent the size of that of the US, Brazil has added 15,­023,­633 jobs over the past eight years, while the US has lost millions. In a world burdened by bankrupt governments and aging populations, Brazil is solvent, with two people of working age for every dependent. In a world of "Peak Oil" Brazil is energy independent, with 70 billion barrels of oil, 60% of the world's unused arable land, and 15% of its fresh water. Comparatively non-­leveraged—and with . . .

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Look to Brazil for safe, stable investmentsAs the future of the American economy seems to get bleaker by the day, it is tempting to look abroad for business opportunities. Europe and Asia don't provide much hope, but what about somewhere that's both closer to home and sunny year-­round? In Brazil is the New America: How Brazil Offers Upward Mobility in a Collapsing World, James D. Davidson shows that the current financial situation in Brazil is a haven for those looking to make money in a world in turmoil.­With a population just 62 percent the size of that of the US, Brazil has added 15,­023,­633 jobs over the past eight years, while the US has lost millions. In a world burdened by bankrupt governments and aging populations, Brazil is solvent, with two people of working age for every dependent. In a world of "Peak Oil" Brazil is energy independent, with 70 billion barrels of oil, 60% of the world's unused arable land, and 15% of its fresh water. Comparatively non-­leveraged—and with . . .

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