Brazil is now the Sixth Largest Economy in the World.

It is definitely good news, but until we get to a respectable position in terms of HDI, I am not celebrating anything.

Here in Brazil we pay ridiculously high taxes and values for services, but what we get in terms of transportation, urbanization and living conditions cannot be compared to the level of services the average citizen from many smaller economies get. Yeah, things are improving, but they need to improve much more.

It's not surprising from the worlds 5th most populous nation.

Interesting.

It is definitely good news, but until we get to a respectable position in terms of HDI, I am not celebrating anything.

Here in Brazil we pay ridiculously high taxes and values for services, but what we get in terms of transportation, urbanization and living conditions cannot be compared to the level of services the average citizen from many smaller economies get. Yeah, things are improving, but they need to improve much more.

Pierst179

why are their cities in such bad shape then?

why are their cities in such bad shape then?

dontshackzmii

Its not easy when most of their cities are at the edge of the country near the Sea...

[QUOTE="Pierst179"]

It is definitely good news, but until we get to a respectable position in terms of HDI, I am not celebrating anything.

Here in Brazil we pay ridiculously high taxes and values for services, but what we get in terms of transportation, urbanization and living conditions cannot be compared to the level of services the average citizen from many smaller economies get. Yeah, things are improving, but they need to improve much more.

Victorious_Fize

Brazil is one of the worst countries when it comes to distribution of wealth. Our GPD has been growing with great intensity, but the profits stay in the hands of very few. The wealthy part of the population lives as well as rich people from any other developed country; however, people from the middle class get sallaries and lead lives that are not even close to what the middle class from traditional rich countries have, and it gets even worse when it comes to poor people.

Not to mention that we pay abusive taxes and, as someone stated, our cities and services are not that great. Sometimes they border on shameful.

I love my country, and I love my city. I am proud to say I live in Rio, but there is a lot to improve, a truly rich country is not a country with high GPD, but a country where a huge part of its population have top-quality services, and lead great relatively confortable lives. Yeah, things are improving, and there is a lot of work to be done to recover from the harms caused by previous governments, but we are still very far from getting close to Europe, the US or rich asian countries.

[QUOTE="Victorious_Fize"][QUOTE="Pierst179"]

It is definitely good news, but until we get to a respectable position in terms of HDI, I am not celebrating anything.

Here in Brazil we pay ridiculously high taxes and values for services, but what we get in terms of transportation, urbanization and living conditions cannot be compared to the level of services the average citizen from many smaller economies get. Yeah, things are improving, but they need to improve much more.

Pierst179

Brazil is one of the worst countries when it comes to distribution of wealth. Our GPD has been growing with great intensity, but the profits stay in the hands of very few. The wealthy part of the population lives as well as rich people from any other developed country; however, people from the middle class get sallaries and lead lives that are not even close to what the middle class from traditional rich countries have, and it gets even worse when it comes to poor people.

Not to mention that we pay abusive taxes and, as someone stated, our cities and services are not that great. Sometimes they border on shameful.

I love my country, and I love my city. I am proud to say I live in Rio, but there is a lot to improve, a truly rich country is not a country with high GPD, but a country where a huge part of its population have top-quality services, and lead great relatively confortable lives. Yeah, things are improving, and there is a lot of work to be done to recover from the harms caused by previous governments, but we are still very far from getting close to Europe, the US or rich asian countries.

[QUOTE="Pierst179"]

[QUOTE="Victorious_Fize"] Congratulations on such a feat! Brazil is a much needed power in this world. From what I gather, it is fairly liberal and benevolent in comparison to its Latin neighbors. May I ask if there is any particular reason holding such massive GDP from translating to the HDI?Victorious_Fize

Brazil is one of the worst countries when it comes to distribution of wealth. Our GPD has been growing with great intensity, but the profits stay in the hands of very few. The wealthy part of the population lives as well as rich people from any other developed country; however, people from the middle class get sallaries and lead lives that are not even close to what the middle class from traditional rich countries have, and it gets even worse when it comes to poor people.

Not to mention that we pay abusive taxes and, as someone stated, our cities and services are not that great. Sometimes they border on shameful.

I love my country, and I love my city. I am proud to say I live in Rio, but there is a lot to improve, a truly rich country is not a country with high GPD, but a country where a huge part of its population have top-quality services, and lead great relatively confortable lives. Yeah, things are improving, and there is a lot of work to be done to recover from the harms caused by previous governments, but we are still very far from getting close to Europe, the US or rich asian countries.

I don't think bigger Government is going to help them, especially since they are a nation known for Government corruption. Besides, he stated that they pay a lot of taxes, and where is that money going?

I don't think bigger Government is going to help them, especially since they are a nation known for Government corruption. Besides, he stated that they pay a lot of taxes, and where is that money going?

taj7575

Ever considered that they already tried the almighty small government, fiscal conservative, go Jesus! system and it turned out to be a disaster for them?

I don't think bigger Government is going to help them, especially since they are a nation known for Government corruption. Besides, he stated that they pay a lot of taxes, and where is that money going?

taj7575

Yeah, the wallets of politicians. When the government reveals the money that is going to be spent in any public construction, we already know that part of the price has been inflated to be stolen. Most of the locations being built for the world cup and Olympics are turning out to be more expensive to build than first-world stadiums and other facilities built in countries that recently received those events, and when compared to those constructions in other countries, there is nothing really special about what we are building here.

[QUOTE="AtlanticRock"]

Brazil - Land of the Landing Strip

God Bless Brasil and their Amazonians

ThisIsTwoFace

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..

No, you need to study basic biology. Over 95% of Earth's oxygen production is from sea algae.

If anything, trees are useful because during their period of growth they suck CO2 from the atmosphere, releasing it again if they're burned/decomposed.

I agree that rainforests and nature in general needs to be preserved, but for other reasons.

[QUOTE="taj7575"]

I don't think bigger Government is going to help them, especially since they are a nation known for Government corruption. Besides, he stated that they pay a lot of taxes, and where is that money going?

LordQuorthon

Ever considered that they already tried the almighty small government, fiscal conservative, go Jesus! system and it turned out to be a disaster for them?

I don't think citing how small government didn't work in Brazil in the late 1800's-early 1900's is very relevant, especially when you see that their economic diversity wasn't even close to being as large as it is now.

It isn't about me being a fiscal conservative. It's about having a Government structure in a nation that can implement it properly. Sweden can have a good Welfare/Socialist system because their Government isn't corrupt and can handle it. Brazil can't.

[QUOTE="taj7575"]

I don't think bigger Government is going to help them, especially since they are a nation known for Government corruption. Besides, he stated that they pay a lot of taxes, and where is that money going?

Pierst179

Yeah, the wallets of politicians. When the government reveals the money that is going to be spent in any public construction, we already know that part of the price has been inflated to be stolen. Most of the locations being built for the world cup and Olympics are turning out to be more expensive to build than first-world stadiums and other facilities built in countries that recently received those events, and when compared to those constructions in other countries, there is nothing really special about what we are building here.

Yep, it's a common thing in rapidly growing economies that only recently have focused on opening up their markets and trying to limit Government control (like India). They notice the rapid inflow of money, and know people can pay more. Most of that money that goes to the Government suddenly seems to disappear.

It's hard to say what Brazil can do to fight the inequality. Maybe they can take a Chilean economic approach and focus a lot of limiting Government and focusing soley on Monetary Policy (which could help Brazil..seeing it seems like before the 21st century, and even earlier this decade, you would never know how high inflation would be).

BRA-ZEEL!!

That country sure deserves it man. They have the hottest girls out of any other place on planet earth.

I don't think citing how small government didn't work in Brazil in the late 1800's-early 1900's is very relevant

taj7575

And I didn't mention anything about the late 1800s or early 1900s.

Reading comprehension, champ, reading comprehension.

[QUOTE="taj7575"]

I don't think citing how small government didn't work in Brazil in the late 1800's-early 1900's is very relevant

LordQuorthon

And I didn't mention anything about the late 1800s or early 1900s.

Reading comprehension, champ, reading comprehension.

You didn't have to, because I knew that's when they tried it and failed. What else could you be referring to?

[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.

You didn't have to, because I knew that's when they tried it and failed. What else could you be referring to?

taj7575

Geniuses like Collor de Mello, for example.

[QUOTE="Pirate700"]

[QUOTE="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.

coolbeans90

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

[QUOTE="taj7575"]

You didn't have to, because I knew that's when they tried it and failed. What else could you be referring to?

LordQuorthon

Geniuses like Collor de Mello, for example.

At least he tried targeting the massive amounts of hyperinflation in Brazil at the time (although it didn't work out at all). Also, much of his plans on cutting Government couldn't work out, because the 1988 Brazilian Constitution had essentially what was a job stability clause for Government workers, so his plan on cutting Government workers had no chance of being implemented.

Besides, he had his own problems to deal with (which is what led to his impeachment).

At least he tried targeting the massive amounts of hyperinflation in Brazil at the time (although it didn't work out at all). Also, much of his plans on cutting Government couldn't work out, because the 1988 Brazilian Constitution had essentially what was a job stability clause for Government workers, so his plan on cutting Government workers had no chance of being implemented.

Besides, he had his own problems to deal with (which is what led to his impeachment).

taj7575

So, let's recap...

Me: Brazil tried the small government formula and it didn't work out for them.

You: LOLO 1800 DON'T COUNT.

Me: I mean early 90s and maybe even late 80s with Collor de Mello.

You: THE MAN WAS A SAINT. IT JUST DIDN'T WORK OUT BECAUSE! GO SMALL GOVERNMENT! JESUS SAVES!

[QUOTE="taj7575"]

At least he tried targeting the massive amounts of hyperinflation in Brazil at the time (although it didn't work out at all). Also, much of his plans on cutting Government couldn't work out, because the 1988 Brazilian Constitution had essentially what was a job stability clause for Government workers, so his plan on cutting Government workers had no chance of being implemented.

Besides, he had his own problems to deal with (which is what led to his impeachment).

LordQuorthon

So, let's recap...

Me: Brazil tried the small government formula and it didn't work out for them.

You: LOLO 1800 DON'T COUNT.

Me: I mean early 90s and maybe even late 80s with Collor de Mello.

You: THE MAN WAS A SAINT. IT JUST DIDN'T WORK OUT BECAUSE! GO SMALL GOVERNMENT! JESUS SAVES!

It didn't work out because it couldn't work out.Where did I say he was a saint by the way? If anything, I pointed to the fact that he had his political issues.You also seem to ignore my post where I said I support a Government structure in terms of how a nation can handle it. Brazil can't handle a big Government.

PS: If your going to try to be smug and sarcastic, at least make it accurate.

[QUOTE="taj7575"]

I don't think bigger Government is going to help them, especially since they are a nation known for Government corruption. Besides, he stated that they pay a lot of taxes, and where is that money going?

Pierst179

Yeah, the wallets of politicians. When the government reveals the money that is going to be spent in any public construction, we already know that part of the price has been inflated to be stolen. Most of the locations being built for the world cup and Olympics are turning out to be more expensive to build than first-world stadiums and other facilities built in countries that recently received those events, and when compared to those constructions in other countries, there is nothing really special about what we are building here.

It didn't work out because it couldn't work out.Where did I say he was a saint by the way? If anything, I pointed to the fact that he had his political issues.You also seem to ignore my post where I said I support a Government structure in terms of how a nation can handle it. Brazil can't handle a big Government.

PS: If your going to try to be smug and sarcastic, at least make it accurate.

taj7575

They had a small government experience and they starved. Now they are having a big government experience and they eat. That's pretty much all there is to it when it comes to Brazil and other Latin American countries. Telling them that they should go back to small goverment because there are problems with corruption is idiotic and why most opposition parties are becoming historically irrelevant in several Latin American countries.

[QUOTE="taj7575"]

It didn't work out because it couldn't work out.Where did I say he was a saint by the way? If anything, I pointed to the fact that he had his political issues.You also seem to ignore my post where I said I support a Government structure in terms of how a nation can handle it. Brazil can't handle a big Government.

PS: If your going to try to be smug and sarcastic, at least make it accurate.

LordQuorthon

They had a small government experience and they starved. Now they are having a big government experience and they eat. That's pretty much all there is to it when it comes to Brazil and other Latin American countries. Telling them that they should go back to small goverment because there are problems with corruption is idiotic and why most opposition parties are becoming historically irrelevant in several Latin American countries.

They had that eperience for what? A year or two? Also, their big Government had nothing to do with the boom in their economy, and as the person who lives in Brazil posted, their Government is corrupt and they pay high taxes, much of which ends up in the Politicians pockets.

And guess what other country in Latin America competes with Brazil? Chile. A nation that has a lot of economic freedom and has a small Government role.

Right... Chile... :roll: