Highs and lows of Brazil's economic boom - 30 Sep 07

[liriodeouro]

i have been to brasil 3 times. every time i went there was a change, for better. on may 1st, 2011. i am moving there, hehehehe, can't wait.

[TheLovelife1988]

omg tha so stupit , in new york city , u cxan see that everywhere, brasil is the best country in the world, i love brasil.

[mrpaiva04]

Great country!

[xLanKx]

Brazil has changed a lot...

4 years ago I couldn't buy a computer. I'm going to buy my 3rd computer this year and money don't seem to be problem around my home anymore =]

some brazilians criticize the government for not doing any shit, but only because they haven't lived in a tough situation...They can't see the change

[zazezul]

o oriente medio eh q eh bom mesmo !!!!

viva al jazeera !!

[rafaelsouzasp79]

"The short term you don't see any benefits?"

How pathetic is Al Jazeera?

Brazilian government even was awarded by the United Nations for bringing 20 million people from poverty to middle class...

Al Jazeera... please, just leave Brazil.

[intensednt]

Eu amo meu Brasil!

[thestick52]

Just let's update this junk... What have the US and European financial markets brought to their own people in the end? The answer has 5 letters CHAOS!!!

[aycharecife]

my friend went there last year on business trip he makes about 75,000,the same job in brazil he said they where making about 12,000 dollars equvilent

[meelg]

when this documentary was made in late september 2007, Sao Paolo stock index was at about 55000 today late december 2008 it went down to less than 40000 the same level as in january 2006 after a peak close to 70000 in june 2008 !!!

[dbctv]

Today retuned to 53,000... US and Europe are still in crisis, Brazil is already leaving this situation...

[DB10061969]

This info is ridiculous! Until the half of 2007, 5% of the Brazilian population no longer lived under the proverty line (IBGE Statistics). In the last 4 years 7 million new jobs were created, in opposite to 1.5 created in the last (right-wing) government. Just a few examples. The actual (left-wing) Government created a system that gives grants to families under a certain level of income.

I'd suggest you to look up more reliable media like BBC if you really want to know what happens in Brazil.

[flaviofivela]

You know what, i believe that this country there's a lot of potential and could become a " first world country", however our politicians are the scam of the world, they only want to take advantaged of our taxmoney and make themselves even powerfull.

I don't love my country there's just so many ignorant people living in this country that they don't add nothing for this nation.

[LouisianaGatorGirl]

Gabriel Elizondo is an excellent reporter! He asks the hard question of how much of the money being made in the stock market is really reaching the poor people of Brazil. He is not satisfied with the platitudes of an economist, but interviews the man on the street. He not only mentions that poverty is actually worsening, but also cites the cause: globalization.

[duubamg]

He may be. But in Brazil stock market is not as relevant to people as it is in US, for example. It is not a matter of "reaching people",it will never reach! It is a cultural feature. Here,people prefer to keep it in banks. Globalization has not been a great trouble for Brazil, quite the opposite.

[duubamg]

Besides, as the guys here have pointed out, there is no necessary and direct relation between Stock Market and the poverty line.

[LouisianaGatorGirl]

Okay, thanks for the info.

[MarquisdeBarrabas]

A vibrant bull market does not equate to a healthy economy.

Sooner or later, journalists will understand this.

[lighthammar]

I've talked to many travellers and they said those 2 cities are some of the most dangerous they've been to.

Hope they can spread the wealth.

[dbctv]

Funny, I lived in both and never got robbed, but some relatives got robbed in Paris...

Funny...

[StewartBrasil]

i gort beaten up on streets of londn, and never een beaten sao paulo. also never lived i n a place where people got stabed , only in britain, cos in sao paulo was quite safe.

[jklasdfjdfksl]

its all about capital control, which is in the hands of the elite; therefore, when the market grows, those who own the capital and conspire with foreign interests get all the benefits. it sounds simple, and it is; its basically a theft from the public in the name of a "growing" economy. the question about who should be benefiting from a nation's wealth should be asked even before attempts to "grow" are started.

[MarquisdeBarrabas]

Hear, hear!

[msgg81]

This is a common senario where behind every gain there are backdrops.

Now here is the challange .... identify the dropzone and remedy the scenario.

Then only the balance can be overcome and the number of people can live over the poverty line.