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> Also, the last piece of candy: 'The so called “poor countries,” such as Brazil, have this hunger. They are going to catch up on us.' Disclosure: I am Brazili
by diego_moita 15y ago
> Also, the last piece of candy: 'The so called “poor countries,” such as Brazil, have this hunger. They are going to catch up on us.'
Disclosure: I am Brazilian.
They might, but it will take much longer than anyone expects. The truth is that Europe has a lot of advantages when compared to countries like Brazil, India, etc.
1) Working institutions, including the rule of the law. Don't get me started about the ineptitude and incompetence of Brazilian police and courts.
2) A notion of what good governance means, at least outside of Italy and the PIGS. Patronage is so widespread and accepted here that this word doesn't even have a direct translation.
3) Culture and I don't mean classical erudition, but basic literacy.
4) A working credit industry. Only farmers and people with connections in the government can get easy credit in here. For all others the interest rates are a rip-off.
Also, few people realize that some of the problems Europe has (decreasing population) are already arriving here; so it is possible that we get old before we get rich.
- swah 15y agoBut we have the jeitinho brasileiro.