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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 414.48+0.7%Jan 9 4:00 PM EST
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To: Cogito Ergo Sum who wrote (89531)4/26/2012 4:05:28 PM
From: elmatador  Read Replies (2) of 219225
 
Brazil growing a population nearing the size of Canada of affluent people... the growth of the A and B classes. The ranks of those people with incomes more comparable to those of the middle and upper classes of advanced economies are expected to more than double by 2014, compared with 2003, to more than 29m, a population nearing the size of Canada.

Unlike China and India, Brazil’s growth story has been more about income redistribution than rapid expansion of gross domestic product. This has led to a ballooning of the lower middle class by nearly 60 per cent between 2003 and 2011, according to Professor Marcelo Côrtes Neri of the Getulio Vargas Foundation, an academic institution. Their numbers are set to grow another 12 per cent by 2014.


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