Brazil wouldn't appoint a foreign coach, Germany wouldn't, Italy wouldn't, Spain wouldn't and neither would France or Holland, so why should we?
Brazil will be fantastic for the game. Potentially a billion viewers, 1000 media, a sold-out stadium ? and we are going to be a part of that. Yes, there will be pressure to perform and keep credibility intact, but who wouldn't want to be there.
Brazil tends to be driven by the U.S. and people have got their eye on the Nasdaq. There's no strong reason locally for the decline.
Brazil is the star of the market. It's a significantly improved credit over the last few years and people are talking about it becoming investment grade sooner rather than later.
Brazil is paying greater attention to the Arabs in terms of import.
Brazil is ordering mills back to work early to crush cane to meet demand for ethanol. Harvesting cane early damages the yield, even without bad weather. Anything that happens to the Brazilian crop would be explosive.
Brazil is on autopilot. Congress could do nothing for the next year, and Brazil would still be a good credit.
Brazil is no stranger to economic calamity. This is a blip.
Brazil is coming in with a huge crop, but coffee is a cyclical situation. It's usually a good year, then a bad year.
Brazil is caught in a combination of its own policy mistakes and powerful market forces.