Lula blasts European countries for 'lack of political initiative'

Former Brazilian president Lula da Dilva blasted the developed countries lack of political initiative to face the economic crisis and suggested they adopt a strategy similar to Brazil’s.

Northamerican and European leaders “should know that a politician should have character, I think they are lacking political initiative. They don’t only have to make economic decisions, but political as well,” the former Brazilian president said.

Da Silva encouraged consumption to avoid a recession after the 2008 global economic crisis. “We have an extraordinary local market, people are avid to shop, “ Lula said.

Lula said he thinks the same way his successor, Dilma Rousseff does, and deems it “wrong” that US and Europe give handouts to banks and reiterated that the emerging countries must propose global solutions in the G20.

“This is our time and we must help them solve their problems. Because when Brazil, Paraguay and Bolivia were in trouble a group of ‘gringos’ landed every time to tell us what to do,” he concluded.