Luiz Inacio Lula da Silva Quotes
Brazil is in a solid position. In the past, if the United States sneezed, we caught pneumonia. Today, if the United States sneezes, we sneeze too.
Da Silva, Luiz Inácio Lula. Speech. 2008, Brazil.
The most successful way of poor nations developing rapidly is to trade with rich nations.
A decade after he made this observation, the external economic markets were not happy with the ways the Greek Government had handled the economy and the nation became insolvent. The IMF, World Bank and the other European nations bailed Greece out be making emergency loans, but then they imposed conditions on the Greek Government that was completely contrary to what the Greek politicians and the Greek voters wanted. The Greek national government had almost no control over their own economy.
Luiz Inácio Lula da Silva, known as Lula, is a Brazilian politician and former union leader who served as the 35th President of Brazil from 2003 to 2011. He was a founding member of the Workers' Party (PT) and ran unsuccessfully for president three times before achieving victory in the 2002 election. He was re-elected in 2006.