Tag Archives: lula

Brazil’s rising star

Brazil continues to impress economists, being the last country to enter the recession and the first to leave it. Goldman Sachs stated the 21st century will belong to Brazil! Here is a 60 minutes report considering the effect of this new success on Brazilian society.

One thing the video does not consider is the problems nations face once they become world leaders. The U.S. has witnessed a drain of its human and economic resources since World War II as other nations increasingly depended on it for aid and protection. Likewise, Brazil will probably not be able to remain a neutral nation once it achieves the status of world superpower. I guess it is still true, MORE MONEY, MORE PROBLEMS!

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