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CÚPULA DA AMÉRICA LATINA E DO CARIBE SOBRE ... - Funag

CÚPULA DA AMÉRICA LATINA E DO CARIBE SOBRE ... - Funag

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INTERVENÇÕES <strong>DO</strong> PRESIDENTE LUIZ INÁCIO LULA <strong>DA</strong> SILVA<br />

of the United States to the world. To be sure, it is very important. It is the<br />

most powerful nation militarily, technologically, and financially. No one is<br />

unaware of this. Yet, what we are discovering is that we have shared<br />

opportunities we were unaware of largely because it was easier to turn to the<br />

United States or to the European Union. It was almost as if we had failed to<br />

learn, even after independence that we must ensure our relations remain as<br />

independent as possible. After all, we achieved our independence in the XVIII<br />

century, yet in the XIX century our economies remained tethered to our<br />

dependence on the wealthiest countries.<br />

No one, not Saint Vincent, not Dominica, not Paraguay, not Brazil, not<br />

Uruguay, no one wants to stop doing business with the United States and the<br />

European Union. Note even Chávez wants to stop, indeed much less so. But<br />

we need to do business on terms we understand to be legitimate, just, adequate,<br />

on which we can discuss among ourselves our similarities, our possibilities,<br />

because if we do not do this we will never grow as nations, we will always<br />

remain poor, countries of the periphery. This is something I believe we<br />

understand is happening at this moment.<br />

The third trend I see as extremely significant is that the crisis offers an<br />

opportunity for us to rethink the type of economy we want for our world,<br />

because virtually everything we see in place today was established after World<br />

War II, some of it before World War II. All those models that appeared<br />

infallible, invincible, that placed us in judgment every single day. I am very<br />

worried because my country’s economy has grown, employment has increased,<br />

poverty has fallen, specifically, primary surplus, current account surplus, and<br />

every day I read on my computer that Brazil’s risk rating rises. And the<br />

Americans, bankrupt as they are, their risk rating is zero. People take money<br />

out of my country, which offers the highest interest rates in the world, to<br />

deposit it in the country with lowest interest rates in the world. There is<br />

something wrong with the economy, there is something wrong with the<br />

established monetary policy.<br />

The IMF has yet to take a stand. It simply tells us that there is no shortterm<br />

exit strategy. The World Bank has not taken a position. At the G8 meeting<br />

in Japan, Calderón was there, I put forth the importance of the IMF and<br />

World Bank taking a position on the financial crisis in the United States. But<br />

we have been given no information. I believe it is important that our decisions<br />

here, that as a group of Latin American and Caribbean countries, we remind<br />

these institutions and the United Nations, which has an economic institution<br />

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