更新博客少了，时间不够。金融离不开实体经济，现在欧洲，美国，日本的国内经济不乐观。中国看似不错，但内在问题太多，对房地产的偏爱和崇拜已让中国的未来消费被提前透支，如果房价出现向下趋势，这种透支的负面效应就会显现出来。研究经济金融需要有点记忆力，因为很多人容易忘记历史（研究金融经济历史的哈佛教授弗格森的走红不是偶然的）。2008年房价下跌期间，有多少人记得当初的情景。而今，世界上财政金融经济体质还比较过得去的国家，初步看是印度巴西。如果有公司具有敏锐的国际眼光，这两个地区应该会出现在他们的雷达上。印度和巴西都计划在最近的未来大力投资基础建设，主要是交通建设。

Brazil is the world's fifth largest car producer, and according to its national automakers' association:

• Auto sales are soaring and should total 3.5 million units for 2010, a 9.8 percent increase over the prior year.

• New cars are coming off assembly lines at an even faster pace. Automobile production in Brazil is forecast to grow 13.1 percent this year, more than the 6.5 percent expansion previously predicted.

• But the supply is not keeping up. Brazil still needs to import 20 percent of its demand for autos.

Next, take a closer look at this auto production picture from a regional viewpoint ...

Brazil is Argentina's biggest trade partner. And Brazil's auto demand is leading to a parts shortage in Argentina.

Integration has become a focus for the regional auto makers who have plants in both countries. Any moves toward this should help the producers. In this case, the two large American companies, General Motors Corp (NYSE:GM) and Ford Motor Co (NYSE:F), have significant operations in Brazil and Argentina.

Fortunately, through the MERCOSUR agreements, Brazil and Argentina have virtually eliminated tariff and non-tariff barriers on most trade between them, creating a strong economic bond and spirit of cooperation.

The key solution now has to do with direct investment. In response, the Brazilian Development Bank and Argentina's Banco de La Nacion, are creating a debt-backed $200 million fund that will be available for the auto sector of both nations.

However, accommodating all the new vehicles creates another problem ...

It Will Take Billions to Get the  Roads Back In Shape

According to President Rousseff,

"Brazil has gone for more than 30 years without investing in infrastructure in a sufficient amount. President Lula's administration started to change that. I have to solve the road issues in Brazil, the railroads, the highways, the ports, and the airports."

Consequently, the Brazilian government announced plans to spend more than $500 billion on infrastructure over the next four years, which should benefit the whole economy.

Sectors, such as utilities, telecommunications and industrial materials should see strong growth. An exchange traded fund (ETF), like EGShares Brazil Infrastructure (BRXX), is one way to get in on the action.

Let me leave you with this ...

Brazil is in great shape. It has amassed a robust currency reserve of $287 billion, the eighth largest in the world, and is experiencing an economic boom never seen before. What's more, Brazil has one of the lowest debt-to-GDP ratios in the world. Its budget deficit is only three percent of GDP, compared to over 10 percent in the U.S.

And the next wave of growth is creating winners in Brazil right now!