Brazilian economy larger than Italy’s next year, according to IMF estimates

Tuesday, October 12th 2010 - 07:00 UTC

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Brazil's economy will likely be larger than that of Italy next year, according to the latest data from the International Monetary Fund (IMF). Read full article

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mastershakejb
:D
Oct 12th, 2010 - 08:36 am - Link - Report abuse 0
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Fred
That's a clear signal of what's going on the country though we must remember that there are around 180.000.000 people estimated in Brazil. The GDP per capita is still pretty much low. When the GDP reaches the 5th position then you've got a full development.
Oct 12th, 2010 - 07:09 pm - Link - Report abuse 0
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Think
Uppps Fredbdc has changed name...... but not style....
Oct 12th, 2010 - 07:48 pm - Link - Report abuse 0
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Fido Dido
Fred,

your estimated number is outdated.

There are around 195.000.000 or close to 200.000.000 Brazilians and there are around or above 100.000.000 consumers in Brazil. The GDP per capita may be low, but their inflation is low and their currency strengthen, that is purchasing power. It's now how much paper money they receive in their hands, it's about what it's worth, how much power it has to buy the basics and save for luxury.
Oct 13th, 2010 - 06:02 pm - Link - Report abuse 0
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