The jurisdictional framing is excellent, but theres a tension you hint at with China that applies more broadly: the very qualities that make insulated economies attractive (policy flexibilty, resource control) can also trap foriegn capital when geopolitics shift. Brazil's strategic neutrality might be its strongest moat precisely because it lacks the ability to coerce investors the way larger powers can, making it paradoxically safer despite appearing institutionally weaker.
Thanks, couldn't agree more - Brazil feels like a safe place to be. Nobody wants their import prices to go up! They have leverage while still keeping things friendly with their two biggest customers.
The jurisdictional framing is excellent, but theres a tension you hint at with China that applies more broadly: the very qualities that make insulated economies attractive (policy flexibilty, resource control) can also trap foriegn capital when geopolitics shift. Brazil's strategic neutrality might be its strongest moat precisely because it lacks the ability to coerce investors the way larger powers can, making it paradoxically safer despite appearing institutionally weaker.
Thanks, couldn't agree more - Brazil feels like a safe place to be. Nobody wants their import prices to go up! They have leverage while still keeping things friendly with their two biggest customers.