Brazil – a video from Sao Paulo. Hot money, an aggressive central bank and 140 kms of traffic jams.

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.

The value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested. Past performance is not a guide to future performance.

Categorised as: macro and politics

Discuss Article

  1. Jeremy Stanyer says:

    good report (&decent goal of course but what a commentator!)

    Posted on: 14/05/12 | 1:38 pm
  2. David Hillier says:

    Yeah, but what about the local cycling scene Jim?

    Posted on: 18/05/12 | 11:38 am
  3. longodds says:

    Fantastic skill from Neymar – had to watch it several times just to work out how he got past those last defenders.

    Could never happen in the Premiership because he would have been coached to throw himself to the ground at the first hint of a tackle or even to go for the 2012 season favourite of intentionally tripping oneself up( by clicking own ankles) the only new skill many players seem to have almost perfected over the last two years.

    Afterthought :Enjoyed the Brazil video as well  

    Posted on: 21/05/12 | 10:59 am
  4. AE says:

    Excellent video(s) ! 
    thank you.

    Posted on: 17/06/12 | 1:36 am

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