Brazilian Ethanol

It looks like Brazil might be having some short
term problems. But, they must be doing something
right for the most part. Their currency is
strenthening on the world market. And, I heard
they have no national debt.
 
Yep, as I told my economics classes, "the secret to financial success is to live within your means; and that applies to an individuals, a business, or a nation."
 
Astonishingly, the article fails to mention the overwhelming cost advantage (exclusive of artificial and unstainable subsidies) of Brazilian cane based ethanol vis a vis US corn derived ethanol - three cane crops per year in equatorial Brazil.

Dean
 

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