Brazil Is the New America: How Brazil Offers Upward Mobility in a Collapsing World
Even before the subprime crisis of 2008, economic growth in the United States was steadily decelerating. Over the eighty-year span from 1929 to 2009, average annual GDP growth was 3.6 percent, but the ten-year growth rate was only 1.9 percent and the five-year growth rate was less than one percent. With unfunded Medicare and Social Security liabilities growing at a rate of 33 percent of GDP ($5 trillion annually), the U.S. faces the greatest solvency crisis in history. Ever shrinking incomes and an erratic stock market combine with a widening gap between spending promises and actual resources to create a perfect storm of downward mobility.As the U.S. grows more bankrupt by the day, many Americans are looking for investing opportunities abroad, but the familiar, traditional "advanced" temperate-zone economies of Europe and Asia seem just as bleak. InBrazil Is the New America: How Brazil Offers Upward Mobility in a Collapsing World, acclaimed entrepreneur James Davidson presents another option, explaining how Brazil has emerged as the new destination for investment success.While the United States remains in the throes of financial crisis, Brazil has already undergone its own period of wrenching adjustment and has come out the other side all the stronger for it. Having learned its inflation lesson, Brazil is now reinstituting high-interest credit, paving the way for impressive growth prospects over the next decade, while transforming the country into an investor's dream.With a population just two-thirds the size of that of the U.S., Brazil has created over 15 million jobs in the past eight years, while the U.S. lost jobs. Combining energy independence and vast natural resources, including 60 percent of the world's unused arable land, and 25 percent of its fresh water, Brazil is the first tropical superpower, offering a whole new frontier for growth. Add in a young population, a relatively underleveraged consumer economy, and a per capita GDP that has more than doubled in the last decade, and you have a recipe for investment success.The awakening of the long slumbering giants, China and India, will profoundly reshape the world economy, and one country is sure to benefit—Brazil. Whether you're looking to relocate yourself and your entire business, or simply want to put your money to work somewhere that still has the potential to grow,Brazil Is the New Americatells you about everything you need to get started.