Brazil overtakes UK in economic league table

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Published on Dec 27, 2011 by

http://www.euronews.net/ Brazil has topped the United Kingdom in the World Economic League Table. The British based Centre for Economics and Business Research - the CEBR - said Rio is now the world's sixth largest economy with the UK slipping to seventh.




The South American nation has a population of about 200million more than three times that of the UK.




The country's economy grew by 7.5 percent last year though the government has cut its growth forecast for 2011 to 3.5 percent.

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  • Brazil is doing very good in business, but Brazilian should also see the bigger size of the spectrum in which can make any country developed if they really wish so. I notice as a Brazilian that most of the media and general public is much more concerned about it's economy and complacent about others things that are essential for a developed standard. It's hard to say changing are taking place, last government's announcement meant 55billons cuts for 2012. Less money for it's needed functions.

  • @serbraz

    Don't be an idiot. Brazil is not Rio.

  • @BebeHistoric

    Any specialist that study a lot more than you is saying that Brazil will grow even more and more, why don't you listen?

    We have 200 millions of hard worker people speaking ONE language, one of the biggest natural resources and energy plants in the world. But still, a lot to grow.

    If you were really that smart or trustiful, why don't you stop doing free economy consulting for youtubbers, and spend all your nickels here in Brazil, buddy?

  • @BebeHistoric

    You think that some meteor will fall from the space and kill half the population of the earth, or that earth's population will continually growing by the years?

    You think that with the recession on Europe, the governments will continue to hold the entry of foreign commodities to benefit local farmers? You know how much do you spend doing that?

  • @BebeHistoric

    And of course, the amazonia.

    Isn't the largest forest in the world? How many foreigns don't came here to explore our nature variaty and sell to you some roots that we have in our yard for the highest value possible? Here we have great news too, the medical industry and research in Brazil is growing too.

    But what's the big deal about all that?

  • @BebeHistoric

    Brazil is actually autosuficient in food, oil, coal, energy, iron and a lot of resources, plus we have one of the greenest industries in the world.

    Brazil have the most large water reserves in the planet right under where i live. Look for "aquifero guarani".

    If you don't think that Brazil is that industrialized, you should travel to the "ABC paulista" and see for yourself.

  • @BebeHistoric

    Actually Brazil isn't investing that much in agrobusiness, it's already walking for itself. The big hype in investiments today is energy. Mainly biodiesel, alcohol, nuclear plants, hydroelectric plants, and oil extraction. Brazil's is actually autosuficient in oil and coal. And is investing to grow his energy park to the future industries.

  • @BebeHistoric

    He is just trying to explain to you that brazil isn't only commodities, but that some sectors of technology are contribuing to our numbers.

    The protection policies are smoothly being untied, but is very strong yet...

    Just for you figure, a brazilian buy a car for 2 or 3 times the price of those in USA. 2 times for those in Argentina... but this don't break the increasing of the fleet of cars in Brazil.

  • @BebeHistoric, @athleticguyUK

    I think you are both don't have the clear vision of the situation of what @nickfl1980 is trying to expose. Your credit comes from a private bank.

    Here in brazil, credit is too expensive, and the real grownth is controlled by the government. So of course the actual offer of currency in Brazil is made of money of China, USA, or another country.

  • @athleticguyUK

    Just to you figure what is that:

    In the state of Alagoas (Northeast), 63% of the population are poor*.

    In Santa Catarina (South), just 12%*.

    *Including poor and miserable people, that holds a big difference. In Brazil, poor people

    don't stay hungry, because of the inumerous social and governmental actions.

    The good news is: in all our country, 53% of the population is inside middle class.

    That's pride for us, and we will work hard to increase it even more.

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