[dan-rocks]

1. Vast amounts of all types of fraud 2. Terrible legal and regulatory environment 3. Political instability 4. Surreal cost burden at every junction of the productive process (cheapest car in Brazil for example is USD 15000, which is the same price as the cheapest car in the US) 5. Zero customer loyalty, people jump from service to service to obtain a 0.01% discount

[pg_1234]

> 5. Zero customer loyalty, people jump from service to service to obtain a 0.01% discount

Sounds like a consumer base who've learnt to reciprocate corporate loyalty.