Rio de Janeiro Reports

[Nebulousity]

It's rare, but I agree with Cane, even though I've only reading 3 sentences of your post. "I would remind all that we have an entirely separate thread dedicated to discussing money matters called "Real v. Dollar and other currency issues". " It's quite boring to read about your currency analyzes.

With all due respect to Sperto and Cane, I find by PahllusMaximus to be one of the best writers on this site, with very meaningful and valuable life advice for how to maintain life balance and happiness while embracing the hobby in Rio (with financial thoughts mixed in). It is all connected. His posts are definitely not just about currency exchange. Either way though PahllusMaximus I appreciate your world view and it has made a positive impact in my life in Brazil for certain.

[Xpartan]

The future of the dollar and western currencies is a big deal for us here. It is the enabler of our lifestyle, namely sexual and lifestyle arbitrage, just as corporations offshore for better value.

I agree it's a big deal, but to a point. I remember $1. 5 reals to $1 and so did vacationing and mongering in Brazil hurt me back then. Well, I really don't remember any pain, which tells me no, it didn't. If anything, travel today is more expensive than ever. Because Covid.

Let's just remember that Brazileiras are excellent adjusters. They won't let currency fluctuations eat into their profits, LOL.

[Sperto]

The future of the dollar and western currencies is a big deal for us here.

It's rare, but I agree with Cane, even though I've only reading 3 sentences of your post. "I would remind all that we have an entirely separate thread dedicated to discussing money matters called "Real v. Dollar and other currency issues". " It's quite boring to read about your currency analyzes.

Regarding Sundays in Rio. There is one option, VM. Mentioned dozens of times. Sundays in VM are perfect for the newbies.

[Pahllus Maximus]

The future of the dollar and western currencies is a big deal for us here. It is the enabler of our lifestyle, namely sexual and lifestyle arbitrage, just as corporations offshore for better value. We are doing the same on our personal household level. Unless you want to live in over-priced real estate with zero healthcare in the sex prison USA (I'm not talking tourists here), this topic directly relates to quality of life and the joy of daily blow jobs by beautiful young women. Wayne Roberts has a few good points, I think a basket of currencies like SDR's already used by airlines (but controlled by IMF) of commodities producers that have pricing power and strong international demand is a great start. I'd go further and directly invest in companies that do that. During the middle of 2020, big oil stocks were available at a fire sale. And yes, the GDP figures are rubbish, just as the US unemployment and inflation rates are made up nonsense. If I knew how, I'd love some exposure to Russian and Iranian infrastructure (already into China). Taiwan is a great place. If there is a conflict there will be some great buying (use a local company and not US listed owners).

Purchasing power is local currency is indeed the key, that people forget. Keep in mind Visa and Mastercard are quick to cut off funds to political dissidents just as USA did to Russia. If you were in their shoes, would you allow your entire country and FOREX and reserves to be held to ransom by a foreign power run by some Washington DC swamp critters and their trade front-running buddies they are in a revolving door job with? So yes, I can see diverse basket of currencies in a new exchange system outside of the USA sphere of influence, such as an expanded Union Pay. The USA centric model of sending the gun boats into Hong Kong (like the British did) or Taiwan is the last vestiges of a Roman Empire run by some corrupt cronies. It's painful and sad to see the Republic debased, but until people demand that schools to teach critical thinking as vaccination against lies and bullshit, and reject two-party binary & bullshit social "issue" distractions vote for medium-long term economic progress, it's game over. No matter how poor, parents in Asia spend a huge amount of their time and money to make their kids think rationally, defer gratification and get good grades. A look at most US high schools show undisciplined and ignorant mutts roaming around.

Now prives and private girls: I've had great success with privates in price and quality. The clubs are basically hotels and overpriced drinks that take a huge cut from the girls. They offer a concentration of horny guys with wallets to the girls, but at a price.

Like Vagabund, I not only have a black book (should be called a pink book) but a sort of revolving live in group of regulars who know my preferences and boy oh boy, they deliver, shattering orgasms and walk around naked or in thigh highs that I keep a stock of and give them $ to buy good bras (that are expensive) and make them laugh. Looking after them gets a huge rate of return. Now this is an investment class I can recommend. Diversification (busty, athletic, rainbow colors, some young, some highly experienced MILF's) plus anal, vaginal, BJ and threesomes by the poolside, the beach, in bed and even on a hiking trail. I have a another theory that a lot of guys in sex prison become sexually dysfunctional from lack of daily use and the terrible effects of obesity and bad health from bad food, alcohol and stress that creates jelly dick. Happily I wake up most days with a raging boner and beautiful young lady (or two) that take genuine pride in delivering, a sort f female pride of their power over a man in passion and his need to come back to them for more. The trick is that it is there on tap without ridiculous conditions in a nice surrounding with no time limit. The 30 minute fuck hutch is too mechanical, though it can be useful for talent spotting and sometimes the thrill of the hunt and surprise. It is horny in front of a mirror watching myself balls deep in a 19 year old as she smiles at me and spontaneously kisses, because she is happy with youth and doing what nature deliberately created us for, it's what living creatures do. And it's fun.

Seriously: good health, great clean, organic food, plenty of sex, kisses and hugs, low stress, ocean views, friends: any other situation is kind of nuts.

[Steve 9696]

Coming to RJ on Sunday. Is there ony places, boates Sunday night worth going? Haven't been to Rio for a while. Mostly staying in SP, which kinda sucks on Sundays.

Total suck fest (not in a good way) on Sunday. I'the suggest trying Seeking Arrangement. I had an amazing date on a Sunday when all the good places are closed.

[Safado007]

Coming to RJ on Sunday. Is there ony places, boates Sunday night worth going? Haven't been to Rio for a while. Mostly staying in SP, which kinda sucks on Sundays.

[The Cane]

Any explanation? I think looks wise they are just a little better than the girls in privs. Though, that is subjective.

I don't get it.

It's called greed. And if somebody will pay it? Profit!

[Mr Enternational]

Any explanation? I think looks wise they are just a little better than the girls in privs. Though, that is subjective.

I don't get it.

Do they really look better or is it because they hired a professional and did a photoshoot? I do not get into the glamour. I would rather see a normal photo of the chick.

[WyattEarp]

Any explanation? I think looks wise they are just a little better than the girls in privs. Though, that is subjective.

I don't get it.

It depends where you are looking and it depends on your taste.

The Barravips escorts definitely look top shelf. Some also have great reviews to back it up.

[Junior11]

Any explanation? I think looks wise they are just a little better than the girls in privês. Though, that is subjective.

I don't get it.

[WyattEarp]

I agree this is a good report from Senor PM.

While I respect Senor Xpartan's insights, I do think dedollarization is a important topic, especially under Lula's Brazil.

https://youtu.be/uzp4u9KMeZQ

Take for example, the above.

So what is Lula going to do? What can he really do?

His little dance with Xi makes sense if you realize China helped his Presidential tenure a great deal by buying a lot of Brazilian commodities. There's two issues with today's environment. I don't think there is going to be another commodities boom like the 2000's. China has a decelerating economy that won't require as many commodities. They are certainly not going to stockpile them.

[The Cane]

I would remind all that we have an entirely separate thread dedicated to discussing money matters called "Real v. Dollar and other currency issues". Let's remember to post in the correct spaces depending what the subject matter is, especially if the message is a "deep dive".

[Pahllus Maximus]

Xpartan has good points, but sooner rather than later China and others will form a monetary union or at least a trading currency. They have many problems, but there are overland pipes lines down to China from Russian and from Iran to Western China. And they are terrified of the dollar and West after the Russian thing. If you add unfunded State and private pensions into the USA, kited MUNI's and so on, it's not looking great. As to a store of wealth (excellent point, and reminder to everyone that upon death your convertibility is worthless, so use it now rather than in posterity), that is indeed getting hard. Paper certificate of precious metals is iffy, bonds are being raped by inflation plus who knows anything for sure with all the contagion, swaps, and accounts being marked to fantasy rather than market. Financial accounts being "restated" (ie fraud) is common. Land you say? The Detroit and Gary (Indiana) describe many major cities that rest on many fragile assumptions. It's a messy place. I'd bet on hydrocarbons (the physics of Wh / Kg is a b1tch), food and some critical logistics like firms. Even pharma is likely to undergo radical changes as genetics gets serious. I know that the obesity / diabetes drug companies invest in junk food, cynical, but get both sides of the trade! Precious metal miners and large oil are durable, and the Gen Z need to get realistic about that and the need for nuclear. Physics trumps virtue signalling bullshit. Of course if somebody creates a radical order of magnitude battery of cheap, plentiful materials like Graphene, X, kryptonite (as in Superman fantasy) then things radically change.

Finding durable wealth is really hard work. I've had a bit of luck in BR, but only because the Real is smashed and there are inherently valuable nice bits of real estate with inelastic demand that applies in many places if you can afford to get in. What happens when AI / outsourcing / offshoring etc creates a sea of poverty and people that are of no use for tax (they don't earn anything), are not needed for the military and structurally surplus? Or the baby boomers all hitting the exits with overpriced real estate and the 40 year Ponzi scheme starts to unravel and bank balance sheets are shown to be the fraud they often are?

Sure, BR has the same money stratification, but it's not tainted with the puritanical blame, shame and guilt of USA or UK. The well off folks (and some old money) I know here in BR are far more humble than USA, they remind me of Europe where wealth is discreet and does not imply being some superior being like the USA. Their kids went to Ivy leagues, but did not want to stay in the US. Too stultifying, a bunch of preening peacocks was how they described it. The people here are generally nice and spontaneous. People are allowed to be human beings. And you don't get weekly shootings or anywhere near the degree of ubiquitous homelessness and the rust belt. It's way better than the crushing poverty of India and places like Mexico City and some fucked up places in South America and Africa, or for that matter a lot of Eastern Europe that is a wasteland of ignorance, graft, pollution, de-population and lack of hope. I've traveled widely and think this place is a real economy and real country (unlike Argentina that is a failed state) that can feed itself and has manufacturing of pharma and other essentials, even a jet aircraft company and huge oil producer.

I'm very cautious with dollars. What is more important is companies that make something inherently valuable and can price it in whatever AND have pricing power.

Vagabundo, you greedy man. 3 big titted Amazonians is 9 holes and being licked and kissed in every way, a sensual overload. How do you last? Are you superman? Now THAT is a good investment of money, that let me again remind everyone has finite convertibility between now and death and chasing wonderful experiences and joy is an art form our Christian work ethic brainwashing robbed many people of.

[Wayne Roberts]

This is an important topic because most of us take advantage of the exchange rate advantages our currencies provide. I think preparation long term for a decline in the USD and likely all western currencies would be prudent. Ill explain my reasoning.

The US is done as the dominant superpower, this administration was the final nail in the coffin and the clock is running down now. The USD was held up as the reserve for no reason other than the trust the rest of the world had in it, but that trust has been shot and what we are seeing now is open rebellion against it. The Yuan will not replace the USD, that is not the intention. The plan is for a basket of currencies backed by various commodities so that no country is elevated into the same position the US is currently in. On top of that is the financial system where trade can be conducted free from US interference is being rapidly built, and its been in development for over a decade now. Its how Russia has managed to deal with the sanctions as well as they have, and its what has given everyone else confidence that now is the time to launch.

The sanctions imposed on Russia showed the world that the US has weaponized the dollar to such an extent that its now untenable. Not only did they try and shut Russia out completely over a border dispute on a continent they are not even on, they confiscated Russian foreign reserves. What is the point of holding dollars or US treasuries if the US Gov can just confiscate them at the drop of a hat? They are already worthless, especially for China who sees the endless anti Chinese rhetoric over Taiwan and should expect the same approach from the US that was used with Russia if conflict breaks out.

Think about this logically from the rest of the worlds perspective. The US prints money and runs up a huge deficit to build and maintain the biggest military machine on the planet, while it pumps money into social programs to keep its citizens under control. It exports its inflation on top of it. To make matters worse, the US then interferes with every nation on the planet, and you will be sanctioned into oblivion regardless of what your people vote for or want. You either get in line with their world order and their cultural programing, or you starve through economic isolation. Sometimes they move beyond that, to the point where they bomb countries and invade under the slightest pretense. Look at the state of the middle east after the last 30 years? Serbia? Afghanistan? Latin America can't sneeze without US diplomats and agents buzzing about.

China and Russia have been doing the opposite. Peace between the Saudis and Iran? China. Peace between the Saudis and Syria? Russia. Peace between Syria and Turkey? Russia. An end to the war in Yemen? China. Meanwhile, the US is refusing to work for a peaceful end to the war in Ukraine, and they have turned it into a massive proxy war at the expense of Ukrainian lives just to try and weaken Russia. The world sees this, knows this, understands what's happening and they are sick of it. Its not Russia that is isolated here, or China. Its the US who is becoming isolated by this, the only people paying attention right now are the anglo countries and their vassal states in the EU. We are at the stage where the US is bombing German infrastructure, and the Germans won't even talk about it. What an ally you have in America these days. Its not the America of old anymore, this is a different beast and a different people.

Lastly everyone tries to find comfort in GDP figures and they think these developing countries pose no threat. GDP is a loaded number, GDP with purchasing power parity included paints the true picture. When that is taken into account? China is already the biggest, most productive economy in the world. India is third, they are bigger than Japan already. Russia is 6th, right behind Germany. Brazil is 10, with Indonesia already in the top 10 and likely to join BRICS with Iran and the Saudis. Purchasing power is all that matters, because that tells you who can produce the most goods when its needed most.

The US is in decline, and the dollar will not be the reserve currency within 10 years. America is going to get rocked when they happens, because the extent of the money printing will be felt by the poor and the middle class the most. That does not mean that there will be a sole superpower to replace the US, its going nowhere anytime soon, but its going to be a multipolar world again and the days of America doing what they do without consequences is rapidly coming to an end.

[TjBrazil]

China can't be the worlds reserve currency since the government won't let it trade in the open market. They would have to allow it to trade freely for it to have a chance. The dollar is dead man walking. 31 trillion in debt and 2 trillion annual deficits as far as the eye can see. We are doomed. Gold will be the worlds reserve currency again. I just can't say what year it wil happen. The bond market will collapse and interest rates will soar once the world realizes we can't pay the interest on the debt anymore without printing it.