[Occupymendocino] Does Brazil Have the Answer?

Mark Safron marksafron at att.net
Tue Jan 21 11:35:31 PST 2014


http://www.nytimes.com/2014/01/21/opinion/nocera-does-brazil-have-the-answer.html?nl=opinion&emc=edit_ty_20140121

Does Brazil Have the Answer?    Joe Nocera

Not long after I got back from my recent trip to Brazil, I called some economists to gain a better understanding of where the country stood economically. To me, Rio de Janeiro felt a little like Shanghai: there was plenty of high-end shopping in neighborhoods like Ipanema — and plenty of poverty in the favelas, or slums. There was also a lot in between. What is most striking to a visitor is how many middle-class citizens there seem to be. Cars were everywhere; traffic jams, I’ve come to believe, are a sign of a growing middle class. It means people have enough money to buy automobiles.
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