I joined 20 million other people in Sao Paulo last week on my first trip to Brazil. I made a short video of a few thoughts on the economy and the challenges faced by emerging market economies now deemed to be “the new risk free”. Brazil was the last of the BRICs that I’ve visited – it also turned out to be my favourite.
Erratum: in the video I mention that I’d spotted a footballing talent who might well break through to the big time. To much ridicule from the team it appears that he is not quite the unknown I’d imagined. Here is Neymar scoring the FIFA Goal of the Year 2011. It is, with hindsight, unlikely that Nottingham Forest will be signing him up.