These new bikes are something else. The one I'm riding now has 6 inches of suspension travel front and rear and its like riding a cloud. On that run I had it dialed back to about 2 inches front and rear.
Where is everyone #5
Discussion in 'Flatbed Trucking Forum' started by DDlighttruck, Aug 27, 2017.
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There were several other plans until early 90's to hold back inflation which did not work. In June of 1994, Plano Real was implemented and the Real Unit became the legal currecy and the economy was decoupled from inflation rates. Nowadays, the Real is still the Brazilian currency.
Here is some brief history I copied for you about the economic situation in Brasil in the 80's and early 90's.
Sorry it took me a while to get all that info gathered and summarized and translated to English.
"The 1980s in Brasil are commonly called the lost decade when it comes to economic development.
FGV's Economic Cycles Dating Committee identified that the country's greatest crisis lasted 30 months between June 1989 and December 1991. This period encompasses the most critical phase of hyperinflation, when the index reached 80% per month and the Collor Plan, whose most traumatic measure was the confiscation, for 18 months, of checking account balances and savings accounts.
Data from the Economic Research Institute Foundation (Fipe) shows that between 1980 and 1989, the average inflation in the country was 233.5% per year.
After 7 economic plans, hyperinflation came to an end in 1994.
The Collor Plan froze 80% of all overnight deposits, checking accounts and savings accounts for 18 months.
During this period, everyone who had the funds confiscated would remain with a maximum of 50,000 Cruzados in the account.
All the remaining money deposited in banks in the country or invested in financial investments was retained by the government, which promised to refund it 1 year and a half later in 12 monthly installments with interest correction of 6% per year.
According to Dumas, the value of 50,000 cruzados at the time was equivalent to at least US$ 1,000. Today, this amount would correspond to approximately R$ 5,500. (Real currency)
While confiscating the money, the Plano Collor froze the prices of goods and services and also wages, ignoring the inflation of that month of March.
By leaving people and companies practically without money, Plano Collor threw the Brazilian economy into a brutal recession in the year 1990.
There was a time when Brazilians received their salaries and rushed to make the purchase of the month, because the next day prices could be higher.
Some families who were buying a house could not complete the transaction because the money was withheld.
There was simply no credit to buy a house or a car...
And even if you got a loan, there was no way to guarantee that your salary would keep up with the value of the installments, constantly readjusted.
Even the credit card was only used as a last resort, as it charged monthly interest of 30% or 40% per month.
After four in the afternoon, many people only paid for their purchases by check, because the discount would be made the next day, which allowed them to earn with this application.
Families couldn't make plans, whether for a a trip, for college or the purchase of a property.
Back in the 80’s I was making a lot of money and investing in “overnight” and other things..
The overnight was a financial investment that provided investors with daily rather than monthly interest rates, as is usually the case today.
The overnight, for example, came to yield 1% a day, recalls Marcelo Moura, from Insper.
If my memory serves me correctly, it was around 1989 or so (not 1990) when my banking accounts were frozen and my money was withheld in the banks for over a year.
Fortunately I had other assets that I could transform into cash but it was a down fall in my life… and in so many other people’s life who were caught by surprise one night when the President announced on TV that people's banking accounts would be frozen on the following day...
I came to America in 1992 during a pretty bad economic time in Brasil.singlescrewshaker, cke, dwells40 and 12 others Thank this. -
I think with the current climate those measures would result in bullets flying if they tried that here.
singlescrewshaker, Brettj3876, cke and 10 others Thank this. -
As far as I’m concerned confiscation of savings accounts is more than enough reason for civil war to break out.singlescrewshaker, Brettj3876, cke and 10 others Thank this. -
Brazilians are very cruel and ignorant people IMO. Most of the population is low middle class and poor and miserable but not like being poor in America... much, much, much worse...
Generally speaking, Brazilians descended from Portuguese thieves and bandits who escaped to the "new land" in order to avoid dying in prison in Portugal, also from black slaves from Africa and passive native Brazilians.
Crime, violence, blatant corruption at all levels are pretty common and accepted by most Brazilians at all levels.
Brasil is not a country of law and order and morals… it never was... but quite the opposite.
Brazilians don’t have a sense of community and solidarity. Generally speaking, it’s each man/woman for him/herself and if they can, they will take advantage of whoever. Being honest is being "stupid" ... this is the general mentality of Brazilian people.
There are militias all over Brasil, specially in big cities like Rio.
The militia is a parallel power. They use force to extort the population in certain urban territories. The militia is financed by trade and other legal and illegal activities. Brazilian militias, in Rio de Janeiro, São Paulo and other cities of Brazil are criminal, illegal paramilitary groups made up of current and former police officers as well as Military Firefighters Corps officers, criminals, politicians, and military officers. They carry out both vigilante and organized crime activities.
According to the survey, called the Map of the Armed Groups of Rio de Janeiro, by the end of 2019, paramilitary groups controlled 58.6% of the city's territory. Approximately 2.2 million people live in these subjugated places.
The militias control cities, installing terror sometimes, committing crimes and threatening businesses which do not obey them or do not pay what they demand.
Police in Brasil is not well equipped, well prepared, well funded to fight the militias and they are not paid enough to do the job they are supposed to do. So, they do not bother to enforce the law and some or many accept bribery to look the other way.
In Brazil, carrying a weapon is governed by Law 10,826 of December 2003, known as the Disarmament Statute. The Statute is responsible for regulating the possession and carrying of weapons and, as its name indicates, is intended to curb the use of weapons in the national territory. For this, a law determines that the right of possession is restricted to those who can prove the need for it.
Article 6 of the Procedural Law prohibits the carrying of weapons throughout the national territory, except in specific cases. Examples of exceptions are the professionals who constitute the armaments for the exercise of their functions: public security agents, members of the Army or employees of private security institutions.
In short, the Disarmament Statute requires that only a restricted group of people can own and carry weapons, only when the use of these is necessary for professional practice or other specific cases.
International news don’t show half the crime, violence and political scandals that happens in Brasil.
With all that said, I used to feel pretty safe in the USA when comparing with Brasil. My dad used to call me every time he watched the news on tv showing trucks or truck loads being robbed and the trucker being killed in Brasil… and I used to tranquil him and tell him not to worry because America was not that dangerous.
But nowadays, with all the news coming from the USA, I am concerned and don't think the same any more...
Actually, I think that Brasil seems to be safer than America right now. And I am even more concerned about what is coming to America in the near future in terms of crime, violence, and safety in general… It's scary IMO.Last edited: Jul 4, 2021
singlescrewshaker, Brettj3876, cke and 12 others Thank this. -
I am not sure... what I see already happening in the USA for a while now.. "something" should already been happening some time ago...singlescrewshaker, cke, jamespmack and 10 others Thank this. -
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