Brazil is now the Sixth Largest Economy in the World.

Not surprising really, UK has really struggled recently in the last few years,

Speaking of economies, The Economist has an article in which it states that China has already overtaken the USA in quite a number of different sectors however it wont be until at least 2018 if not 2021 and further for China to even achieve pairity with the US economy.

http://www.economist.com/blogs/dailychart/2010/12/save_date

Not surprising really, UK has really struggled recently in the last few years,

Speaking of economies, The Economist has an article in which it states that China has already overtaken the USA in quite a number of different sectors however it wont be until at least 2018 if not 2021 and further for China to even achieve pairity with the US economy.

http://www.economist.com/blogs/dailychart/2010/12/save_date

Shadowhawk000

Well its almost certain that within the next 10-20 years China will become the biggest economy in the world. USA is in major debt (We're talking trillions here).

Its a shame as many predicted that by 2016 the UK would have overtaken France in the bigger economy.

[QUOTE="Shadowhawk000"]

Not surprising really, UK has really struggled recently in the last few years,

Speaking of economies, The Economist has an article in which it states that China has already overtaken the USA in quite a number of different sectors however it wont be until at least 2018 if not 2021 and further for China to even achieve pairity with the US economy.

http://www.economist.com/blogs/dailychart/2010/12/save_date

ThisIsTwoFace

Well its almost certain that within the next 10-20 years China will become the biggest economy in the world. USA is in major debt (We're talking trillions here).

Its a shame as many predicted that by 2016 the UK would have overtaken France in the bigger economy.

It helps that India and China both have a rather large population... not so sure about what Brazil's is, but I reckon it is rather large to- horgen123

Brazil's population is around 196 Million..

Out of that, about 11.5 Million Brazillians live in the Favelas..

[QUOTE="horgen123"]It helps that India and China both have a rather large population... not so sure about what Brazil's is, but I reckon it is rather large to- ThisIsTwoFace

Brazil's population is around 196 Million..

Out of that, about 11.5 Million Brazillians live in the Favelas..

[QUOTE="Shadowhawk000"]

Not surprising really, UK has really struggled recently in the last few years,

Speaking of economies, The Economist has an article in which it states that China has already overtaken the USA in quite a number of different sectors however it wont be until at least 2018 if not 2021 and further for China to even achieve pairity with the US economy.

http://www.economist.com/blogs/dailychart/2010/12/save_date

ThisIsTwoFace

Well its almost certain that within the next 10-20 years China will become the biggest economy in the world. USA is in major debt (We're talking trillions here).

Its a shame as many predicted that by 2016 the UK would have overtaken France in the bigger economy.

[QUOTE="ThisIsTwoFace"]

[QUOTE="horgen123"]It helps that India and China both have a rather large population... not so sure about what Brazil's is, but I reckon it is rather large to- DeX2010

Brazil's population is around 196 Million..

Out of that, about 11.5 Million Brazillians live in the Favelas..

312 Million living in USA and about 46.2 Million live in Poverty.

In the UK, 62 Million in total and about 13 Million live in Poverty.

[QUOTE="ThisIsTwoFace"]

[QUOTE="Shadowhawk000"]

Not surprising really, UK has really struggled recently in the last few years,

Speaking of economies, The Economist has an article in which it states that China has already overtaken the USA in quite a number of different sectors however it wont be until at least 2018 if not 2021 and further for China to even achieve pairity with the US economy.

http://www.economist.com/blogs/dailychart/2010/12/save_date

Pirate700

Well its almost certain that within the next 10-20 years China will become the biggest economy in the world. USA is in major debt (We're talking trillions here).

Its a shame as many predicted that by 2016 the UK would have overtaken France in the bigger economy.

[QUOTE="DeX2010"][QUOTE="ThisIsTwoFace"]

Brazil's population is around 196 Million..

Out of that, about 11.5 Million Brazillians live in the Favelas..

ThisIsTwoFace

312 Million living in USA and about 46.2 Million live in Poverty.

In the UK, 62 Million in total and about 13 Million live in Poverty.

[QUOTE="ThisIsTwoFace"]

[QUOTE="DeX2010"] And India has a population of 1.2 Billion, 30 Million in the slums, and a significant number of people still earn pitiful amounts of money.ferrari2001

312 Million living in USA and about 46.2 Million live in Poverty.

In the UK, 62 Million in total and about 13 Million live in Poverty.

russia is there wtf?? Are we talking about GDp when we say "largest"

[QUOTE="Shadowhawk000"]

Not surprising really, UK has really struggled recently in the last few years,

Speaking of economies, The Economist has an article in which it states that China has already overtaken the USA in quite a number of different sectors however it wont be until at least 2018 if not 2021 and further for China to even achieve pairity with the US economy.

http://www.economist.com/blogs/dailychart/2010/12/save_date

ThisIsTwoFace

Well its almost certain that within the next 10-20 years China will become the biggest economy in the world. USA is in major debt (We're talking trillions here).

Its a shame as many predicted that by 2016 the UK would have overtaken France in the bigger economy.

[QUOTE="ThisIsTwoFace"]

[QUOTE="Shadowhawk000"]

Not surprising really, UK has really struggled recently in the last few years,

Speaking of economies, The Economist has an article in which it states that China has already overtaken the USA in quite a number of different sectors however it wont be until at least 2018 if not 2021 and further for China to even achieve pairity with the US economy.

http://www.economist.com/blogs/dailychart/2010/12/save_date

Pirate700

Well its almost certain that within the next 10-20 years China will become the biggest economy in the world. USA is in major debt (We're talking trillions here).

Its a shame as many predicted that by 2016 the UK would have overtaken France in the bigger economy.

china is the words fatory not just usa so ya it can. Also chinese people have more wealth then ever. with a market of 1.35billion thats a lot of sales.

Real economy is all about stuff that you can eat, wear or use. At one point, the US and then European countries (except Germany) simply forgot that and settled for dealing with numbers on computer screens that went from one place to another while deliberately letting TEH BACKWARDS 3RD WORLD COUNTRIES LOL manufacture all the real, tangible stuff that actually provides solid grounds for any economy.

And then they act surprised when those bubbles burst and those other countries become bigger and bigger.

[QUOTE="ThisIsTwoFace"]

[QUOTE="Shadowhawk000"]

Not surprising really, UK has really struggled recently in the last few years,

Speaking of economies, The Economist has an article in which it states that China has already overtaken the USA in quite a number of different sectors however it wont be until at least 2018 if not 2021 and further for China to even achieve pairity with the US economy.

http://www.economist.com/blogs/dailychart/2010/12/save_date

Pirate700

Well its almost certain that within the next 10-20 years China will become the biggest economy in the world. USA is in major debt (We're talking trillions here).

Its a shame as many predicted that by 2016 the UK would have overtaken France in the bigger economy.

congrats to Brazil, though I reckon this is based on GDP , so its got nothing to do with the living conditions in the country.

HDI (human development index) is a fairly reliable method for calculating quality of life, and in there Brazil is 84th in the world

yeah they have a big economy, but the question is , how much of that profit goes down to the masses.

I wonder where Canada is on that list.

The R in BRIC is falling behind.

I wonder where Canada is on that list.

muller39

Canada is 11th on the list.

Heres the Top 20

1. USA

2. China

3. Japan

4. Germany

5. France

6. Brazil

7. UK

8. Italy

9. India

10. Russia

11. Canada

12. Spain

13. Australia

14. Mexico

15. Korea

16. Netherlands

17. Turkey

18. Indonesia

19. Switerzerland

20. Poland

[QUOTE="muller39"]

I wonder where Canada is on that list.

ThisIsTwoFace

Canada is 11th on the list.

Heres the Top 20

1. USA

2. China

3. Japan

4. Germany

5. France

6. Brazil

7. UK

8. Italy

9. India

10. Russia

11. Canada

12. Spain

13. Australia

14. Mexico

15. Korea

16. Netherlands

17. Turkey

18. Indonesia

19. Switerzerland

20. Poland

[QUOTE="ThisIsTwoFace"]

[QUOTE="Shadowhawk000"]

Not surprising really, UK has really struggled recently in the last few years,

Speaking of economies, The Economist has an article in which it states that China has already overtaken the USA in quite a number of different sectors however it wont be until at least 2018 if not 2021 and further for China to even achieve pairity with the US economy.

http://www.economist.com/blogs/dailychart/2010/12/save_date

Pirate700

Well its almost certain that within the next 10-20 years China will become the biggest economy in the world. USA is in major debt (We're talking trillions here).

Its a shame as many predicted that by 2016 the UK would have overtaken France in the bigger economy.

[QUOTE="ThisIsTwoFace"]

[QUOTE="muller39"]

I wonder where Canada is on that list.

muller39

Canada is 11th on the list.

Heres the Top 20

1. USA

2. China

3. Japan

4. Germany

5. France

6. Brazil

7. UK

8. Italy

9. India

10. Russia

11. Canada

12. Spain

13. Australia

14. Mexico

15. Korea

16. Netherlands

17. Turkey

18. Indonesia

19. Switerzerland

20. Poland

Its actually quite good considering the fact that most of the countries infront have a larger Population.

[QUOTE="muller39"][QUOTE="ThisIsTwoFace"]

Canada is 11th on the list.

Heres the Top 20

1. USA

2. China

3. Japan

4. Germany

5. France

6. Brazil

7. UK

8. Italy

9. India

10. Russia

11. Canada

12. Spain

13. Australia

14. Mexico

15. Korea

16. Netherlands

17. Turkey

18. Indonesia

19. Switerzerland

20. Poland

ThisIsTwoFace

Its actually quite good considering the fact that most of the countries infront have a larger Population.

That is a fair point. Never thought of it like that.

I suppose I should be congratulating them or something.

I suppose I should be congratulating them or something.

Necrifer

Maybe, but Brazil is a country the world needs.

Its where it is now because of the resources it has. What they don't realise is that by letting westerners into their rainforest they are destroying something we rely on everyday. IF/When the amazon rainforest is destroyed, how will South America breath?

[QUOTE="Necrifer"]

I suppose I should be congratulating them or something.

ThisIsTwoFace

Maybe, but Brazil is a country the world needs.

Its where it is now because of the resources it has. What they don't realise is that by letting westerners into their rainforest they are destroying something we rely on everyday. IF/When the amazon rainforest is destroyed, how will South America breath?

Brazil is part of the BRICs. They're one of the emerging markets in the world. Brazil, Russia, India and China will continue to grow until we pull our collective asses out of the sand and do the things needed to fix the economy.

Thought this article was really good and pretty much nails our economic situation.

Brazil is part of the BRICs. They're one of the emerging markets in the world. Brazil, Russia, India and China will continue to grow until we pull our collective asses out of the sand and do the things needed to fix the economy.

Thought this article was really good and pretty much nails our economic situation.

airshocker

/rant

It's not that great of an achievement given European countries situations. Brazil's abilities to maintain sustained growth are minimal; the complete inertia in trying to achieve minimal political and legislative reforms will take it's toll in the long-run. Most institutions bet in a capacity of yearly growth of 4,5% of the GDP, yet we can't achieve that average without being above the target for inflation rates. Long term policies are non-existing for most areas of national interest.

The Investment/PIB ratio is ridiculous (stands between 16-18%) and the interest rate needed to achieve minimal control over inflation is way above the hypothetical equilibrium (imagine if the basic interest rates in the U.S. were 11%!). The large international yield in interest rates, financial deficit and high commodities prices - promoting an excess of dollars in the market and therefore overvalued national currency -, are promoting a prolonged process of reducing the industrial sector in favour of the more insulated sectors such as Services (misteriously agropecuary is barely growing).

Result is that after a growth in 7,5% of the GDP in 2010 (effect of the catching up after a year of stagnation and abnormal government spending), we are barely reaching 3% this year. Third trimester had zero growth in GDP, and the 4th is on it's way to near stagnation; meanwhile they lost control over inflation in december and are now overshooting the legal higher band of the legal target for inflation. Imo, the famous case of the 'vôo da galinha' or 'flight of the chicken'.

There are a large amount of problems, deficient infrastructure, stagnation of labour productivity, outdated labour regulations, bad public spending, tax evasion, high taxes, overly complex and cascade taxation, fiscal deficit, extreme corruption, economically depressing judicial and political system... The Main problem is not that these problems exist, any problem can be solved if you are willing to tackle it; the main problem is that those are not tackled or even being seriously discussed. The government and the whole civil society is unable or unwilling to commit to even discuss these problems. We get to worry about events that are turning out to be true frauds like the World Cup.

Like the poet said "Quarenta anos e nenhum problema; resolvido, sequer colocado."

/rantover

[QUOTE="airshocker"]

Brazil is part of the BRICs. They're one of the emerging markets in the world. Brazil, Russia, India and China will continue to grow until we pull our collective asses out of the sand and do the things needed to fix the economy.

Thought this article was really good and pretty much nails our economic situation.

the_ChEeSe_mAn2

[QUOTE="the_ChEeSe_mAn2"][QUOTE="airshocker"]

Brazil is part of the BRICs. They're one of the emerging markets in the world. Brazil, Russia, India and China will continue to grow until we pull our collective asses out of the sand and do the things needed to fix the economy.

Thought this article was really good and pretty much nails our economic situation.

muller39

A spreading AIDS epidemic, their birthrate is falling, a bad life expectancy for a so called "developed country" (Men are expected to live until 59 and Women until 72).

More reasons : Low immigration, a high abortion rate, low fertility rate (The average is 2.1 births, Russia is low at 1.3).

Russia is losing about 800,000 citizens each year with death alone.

[QUOTE="muller39"][QUOTE="the_ChEeSe_mAn2"] Fascinating article. But on a side note, Russia is losing population rapidly and if anything, it will drop out of the top 10 economies in the next 10-20 years because it can't sustain its workforce and an intellectual class that continues to emigrate out of Russia.ThisIsTwoFace

A spreading AIDS epidemic, their birthrate is falling, a bad life expectancy for a so called "developed country" (Men are expected to live until 59 and Women until 72).

More reasons : Low immigration, a high abortion rate, low fertility rate (The average is 2.1 births, Russia is low at 1.3).

Russia is losing about 800,000 citizens each year with death alone.

Still a bad country

[QUOTE="ThisIsTwoFace"]

[QUOTE="muller39"] What is the reason for the rapid decline in population and emigration?muller39

A spreading AIDS epidemic, their birthrate is falling, a bad life expectancy for a so called "developed country" (Men are expected to live until 59 and Women until 72).

More reasons : Low immigration, a high abortion rate, low fertility rate (The average is 2.1 births, Russia is low at 1.3).

Russia is losing about 800,000 citizens each year with death alone.

Oh yes, Russian President vladimir putin told Parliament in rough translation "Promote more ideas for married couples to have SEX. SEX is key to our country surviving".

And its true, in life on average you should be looking to have 2-3 kids on average If you want your family name to continue..

http://www.guardian.co.uk/business/2011/dec/26/brazil-overtakes-uk-economy So this is what the list looks like now : 1. US 2. China 3. Japan 4. Germany 5. France 6. Brazil 7. UK 8. Italy 9. Russia 10. IndiaThisIsTwoFace

Why are Canada, Switzerland, Sweden, Norway and Argentina not on this list too?They are pretty wealthy countries too.

[QUOTE="ThisIsTwoFace"]http://www.guardian.co.uk/business/2011/dec/26/brazil-overtakes-uk-economy So this is what the list looks like now : 1. US 2. China 3. Japan 4. Germany 5. France 6. Brazil 7. UK 8. Italy 9. Russia 10. Indiapariah3

Why are Canada, Switzerland, Sweden, Norway and Argentina not on this list too?They are pretty wealthy countries too.

Canada and Switerzerland are on this list (further down) in the Top 20.

Argentina is around 30th I believe, not sure about Norway and Sweden..

[QUOTE="ThisIsTwoFace"]

[QUOTE="Shadowhawk000"]

Not surprising really, UK has really struggled recently in the last few years,

Speaking of economies, The Economist has an article in which it states that China has already overtaken the USA in quite a number of different sectors however it wont be until at least 2018 if not 2021 and further for China to even achieve pairity with the US economy.

http://www.economist.com/blogs/dailychart/2010/12/save_date

Pirate700

Well its almost certain that within the next 10-20 years China will become the biggest economy in the world. USA is in major debt (We're talking trillions here).

Its a shame as many predicted that by 2016 the UK would have overtaken France in the bigger economy.

They will almost invariably become the world's largest economy.

[QUOTE="muller39"][QUOTE="ThisIsTwoFace"]

A spreading AIDS epidemic, their birthrate is falling, a bad life expectancy for a so called "developed country" (Men are expected to live until 59 and Women until 72).

More reasons : Low immigration, a high abortion rate, low fertility rate (The average is 2.1 births, Russia is low at 1.3).

Russia is losing about 800,000 citizens each year with death alone.

ThisIsTwoFace

Oh yes, Russian President vladimir putin told Parliament in rough translation "Promote more ideas for married couples to have SEX. SEX is key to our country surviving".

And its true, in life on average you should be looking to have 2-3 kids on average If you want your family name to continue..

Brazil - Land of the Landing Strip

God Bless Brasil and their Amazonians

[QUOTE="ThisIsTwoFace"]http://www.guardian.co.uk/business/2011/dec/26/brazil-overtakes-uk-economy So this is what the list looks like now : 1. US 2. China 3. Japan 4. Germany 5. France 6. Brazil 7. UK 8. Italy 9. Russia 10. Indiapariah3

Why are Canada, Switzerland, Sweden, Norway and Argentina not on this list too?They are pretty wealthy countries too.

Canada is probably 11 or 12, They are wealthy countries by the population is too small so the total GDP of a country will not be that high.

Norway has one of the highest per capita GDP in the world, but with only 5 million people, you're not going to compete will countries with hundreds of millions of people, or, even in the billions like India and China.

With that said, Brazil, with close to 200 million people, not really a surprise that it would overtake UK with 62 Million people.

its not that surprising, they hot alot of oil off the coat iirc about 3 years ago, after the next world cup and olympics i thinks it'll be a very good tourist attraction, which is what china are going for now too, afaik they are now the biggest earners in the world in terms of tourism (so its not just yanks buying their products)

i thought india would be higher up the list

Brazil - Land of the Landing Strip

God Bless Brasil and their Amazonians

AtlanticRock

When Brazil cuts down the Amazon Rainforest, thats about 80 percent of the worlds air (Not sure about this) GONE + South Americans gonna be breathing in CO2 and no oxygen.

Also the Congo Rainforest in DR Congo, its important that we preserve the rainforests..

its not that surprising, they hot alot of oil off the coat iirc about 3 years ago, after the next world cup and olympics i thinks it'll be a very good tourist attraction, which is what china are going for now too, afaik they are now the biggest earners in the world in terms of tourism (so its not just yanks buying their products)

i thought india would be higher up the list

villa4europe

The shocking thing is UAE is nowhere near the Top 10. Looks like their economy went downhill