Posted on 12/26/2011 11:17:22 PM PST by MinorityRepublican
Brazil's economy is now bigger than the UK's, say economists, booming on the back of exports to China.
Brazil has overtaken the UK to become the world's sixth-largest economy, according to a team of economists. The banking crash of 2008 and the subsequent recession has relegated the UK to seventh place in 2011, behind South America's largest economy, which has boomed on the back of exports to China and the far east.
Russia and India are expected to benefit from a surge in growth over the next 10 years and push the UK into eighth place. Like most economies, India is struggling with high inflation and slowing growth, but its highly educated workforce and skills in growth areas from IT and services to engineering will push the economy into fifth place. After a decade of selling oil and gas to Europe and other parts of Asia, Russia will be at number four.
The only compensation for ministers concerned by Britain's relative fall is that France will fall at a faster pace. Nicolas Sarkozy can still boast that France is the fifth-largest economy behind the US at number one, China, Japan and Germany, but by 2020, the Centre for Economics and business Research (CEBR) forecasts it will fall past the UK into ninth spot. Germany will also slip to seventh place in 2020.
CEBR chief executive Douglas McWilliams said: "Brazil has beaten the European countries at soccer for a long time, but beating them at economics is a new phenomenon. Our world economic league table shows how the economic map is changing, with Asian countries and commodity-producing economies climbing up the league while we in Europe fall back."
(Excerpt) Read more at guardian.co.uk ...
And their women are better looking, too.
I like the pic.
It looks like Jesus is going to feed 5,000 with a big whale.
Did you go to Ipanema Beach?
Nope - Brighton ;)
Practically unconstrained by any meaningful "environmental" laws it is inevitable that these countries will catch up and surpass those countries that have been handcuffed by Watermelons.
Brazil could very well be the world’s next empire.
“I like the pic.
It looks like Jesus is going to feed 5,000 with a big whale.”
________________________________________________
I have been up to that statue.
The photo is very strange...maybe taken from an airplane, but looks to me as superimposed on another pic.
It just does not look at all like the real site.
much, much, mucccch better looking...
hey! I lived in Brighton for years. the only good-looking females there were Poles or Italians or South Americans :)
I don’t think it’s due to the environmental laws so much as Britain’s increasing socialist economy.
? Empire ruling what? and where?
Brazil does have over 3x the population.
US schools should have (in descending order) Portuguese language programs, Chinese, Arabic, Spanish, German, Polish, and French.
you are correct — 190 million as opposed to 62 million. But Brazil’s diversity is incredible — they have Amerindians still living in the stone age and they have Germanic-Slavic colonists and Spanish descendents etc. etc.
Do public school children still learn foreign languages in the dumbed down curricula you see today? (I'm not including Spanish as a foreign language, because, according to the PC mindset, it is one of bilingual America's native languages. But you won't see much worthwhile literature nor scientific works written in it.)
ML.NJ
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