[Zhang Fei]

In the long run, this strategy makes them a stronger economic nation. In the short run, it makes it difficult to entice oil companies to invest their dollars versus other locations.

In the long and short run, the policy is misguided, because there is no free lunch. East Asian countries have flourished, and overtaken Brazil despite a paucity of natural resources because they've always kept things simple. They provide infrastructure and cheap (relative to their level of education/training) labor, and foreign companies provide capital and knowhow. And those countries upgrade their infrastructure and labor as foreign companies get their economies off the ground. Brazil, like India, wants to sit back and zero out foreign company profits. Without its vast natural resources, Brazil would be worse off than India, which has 1/4 China's nominal GDP per capita.

[American Constitutionalist]

The virus of Hugo also has a little to do with that, you know, all the central planning of communism, dictatorship and thuggery.
Venezuela

Why didn't Brazil learn from what happen in Venezuela ?
Hey Brazil ? Washington ? they didn't become crap hole trud 3 world countries for nothing.