With the yearly growth it's having, I predict Brazil will be the third largest economy in the world in a span of twenty years. It has all that made the U.S. an economical superpower: a large size and population, a (now) expanding middle-class and a variety of natural resources. Now, it's much more a matter of gradually making the shift from commodity-exporting nation to technology producing (with their resources): that would cause a natural increase in salaries, leading to greater tax collection and better public welfare policies (healthcare, education, infrastructure, security) and an enlargement of the middle class. Hopefully, with their ever-growing presence in global economy they'll get a decent footing in the WTO -- you'd be surprised at how developing countries get the shaft regarding international commerce and patent-approvals.
The fact that they have a good relationship with most of the twenty largest economies (U.S, the BRICs, a good portion of the EU) and have established themselves as the 'leader' of the developing nations (specially in S. America, where they maintain intense commerce with Argentina and Chile) helps, too. Hopefully there will be a better wealth distribution in the near future, be it by the hand of the State or naturally.
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