In a conversation with the press, the Golden Globe winner talked about finance and geopolitics
Summary
Fernanda Torres has argued that taking on debt is essential for a country’s economic growth, but revealed that she has avoided personal debt due to her childhood experiences of financial instability, as well as criticizing excessive consumption and ostentation in Brazil.
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Actress Fernanda Torres, 60, said that “a country that doesn’t get into debt has no future.” However, it took her a long time to come to this conclusion, as she grew up hearing that Brazil had a foreign debt that would never be repaid.
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“I grew up hearing that Brazil would not be able to repay its debt [externa]. At the time I thought that a country, to feel good, was a country that had no debt. I recently read the Rothschild biography, which tells the story of money from the beginning – it is, in fact, the history of the world since the French Revolution and so on,” Fernanda began during an investment conversation last week in Sao Paulo.
According to her, reading about the Rothschild dynasty helped her better understand economics and geopolitics. At the end of the book, the actress came to the conclusion that if a nation does not seek to borrow, it is a sign that it has no future planning and, therefore, is not attractive to foreign investment.
“I understood that a country that has a future is a country that gets into debt, which is true. If you get into debt it’s because you have a growth plan. So if a country is at zero it means it’s stagnant and it’s not worth investing in. That for me was a revolution.”
The actress uses the rich man’s office to manage assets
-rhivwip6tvty.jpg "Fernanda Torres talked about financial life")
Despite having a better understanding of how the global economy works, Fernanda said that when it comes to her own finances, she still avoids going into debt. The fear, she says, stems from her childhood, marked by financial instability. “But, in private, I still don’t like it [de contrair dívidas].”
In the conversation, Fernanda revealed that she has difficulties with technology to deal with banking issues and, therefore, has the support of a specialized office in managing her wealth. “Look, I confess to you that I use technology very little. I have a ‘rich man’s office’ to help me,” he joked.
“Rio is a bankrupt city, it’s no good to show off”
-1jetc000gbewo.jpg "Fernanda Torres, actress")
Even with this structure, the actress stated that she is not a consumer. Living in Rio de Janeiro, she said the reality of the city makes her avoid ostentation. “First of all, I live in Rio de Janeiro, which is a bankrupt city. It hurts to show off. I always say you’ll go out on the street and meet a guy with a bathing suit and a fanny pack and an electronic ankle bracelet, and he’ll be dressed better than you,” he said, prompting laughter from those in attendance.
“I have a simple relationship with consumption. Rio is very democratic in the sense of social inequality. You can’t show off on the street, it makes a bad impression. So I don’t even have anywhere to go out if I want to wear a designer look. Now, with the Oscar thing, because of the Walter Salles film, I needed to renew my wardrobe, but it was out,” he added.
Fernanda Torres also recalled a trip she took to the United States in 2008 and said she was struck by the culture of conspicuous consumption. For her, Brazil is experiencing a similar moment, in which many people are buying unnecessarily.
“We are used to measuring the growth of a class from the moment it buys a television, a refrigerator. And it is important, but these are goods that will be old in five years. It would be nice if we grew in education and infrastructure. I don’t think we have taken this step yet in Brazil. So I live in a city where it makes no sense to measure your life by the shoes you wear. Maybe by how much you spend in the gym, because abs on the beach have a value. priceless, right?”, he concluded, eliciting laughter and applause from the audience.
Source: Terra
Ashley Fitzgerald is a journalist and author at Gossipify, known for her coverage of famous people and their lives. She writes about a wide range of topics, including celebrities, influencers, social media stars, and public figures. Her articles are known for their in-depth analysis and unique perspective. She is respected for her ability to keep readers up to date with the latest news and trends of the famous people.
