I HAD TO MOVE BECAUSE A GUY RANDOMLY STARTED YELLING AT ME AND HE HAD MULTIPLE DOGS.
THIS IS A STORY ABOUT A COUNTRY WE ALL KNOW, BUT DON'T REALLY KNOW. AND A
COUNTRY THAT'S JUST NOT REALLY LIVING UP TO ITS POTENTIAL IT'S NOT EASY TO LIVE IN BRAZIL BUT
WE MANAGED TO DO THAT THIS IS THE WORLD'S SIXTH MOST POPULOUS COUNTRY AND EVEN IN THE WORLD'S TOP
12 ECONOMIES BUT IT'S FACED WITH MAJOR ISSUES IT'S ABOUT ONE O'CLOCK IN THE AFTERNOON ON A
WEEKDAY AND A LOT OF PEOPLE BEHIND ME ARE GETTING WASTED AT A BAR A LOT OF THEM SEEM VERY YOUNG
A LOT OF THEM DON'T EVEN LOOK 16 YEARS OLD I'M WITNESSING ITS MASSIVE WEALTH GAP FIRSTHAND YOU
HAVE DIOR YOU HAVE GUCCI YOU HAVE REALLY HIGH-END LUXURY STUFF TODAY BRAZIL'S INFLATION IS ALMOST
11 FAR ABOVE ITS CENTRAL BANK TARGET OF 3.5 RIGHT NOW IN BRAZIL MINIMUM WAGE IS ABOUT 220
PER MONTH SO A MONTH AND A HALF OF WORK COULD ACTUALLY EARN YOU THOSE PAIR OF SHOES RIGHT BEHIND
ME WHEN I WANT TO BUY SOME MEAT AND DO A HAMBURGER YOU KNOW I CAN'T BECAUSE IT'S WAY TOO EXPENSIVE
ITS ECONOMY HAS EVEN FALLEN INTO RECESSION BUT ALL OF THIS WAS NEVER REALLY SUPPOSED TO HAPPEN IT IS
ALWAYS THE NEXT ONE TO BE BUT THIS DAY NEVER COMES AND WHAT DOES ALL THIS MEAN FOR ITS NEXT
GENERATION I'M PROUD TO BE BRAZILIAN BUT NOT TO BE IN BRAZIL A SUPERPOWER IS DEFINED AS
BASICALLY JUST THAT IT'S A COUNTRY THAT'S POWERFUL STRONG HAS MONEY AND INFLUENCE OVER
OTHER COUNTRIES SUPERPOWERS INCLUDE THE US CHINA RUSSIA GERMANY THE UK JAPAN FRANCE AND SOUTH KOREA
NOT ON THE LIST BRAZIL A LOT OF PEOPLE DON'T REALIZE THAT BRAZIL IS THE SIXTH MOST POPULOUS
COUNTRY IN THE WORLD AND THEN ITS ECONOMY IS THE EIGHTH LARGEST IN THE WORLD SO BY ALL ACCOUNTS
THESE NUMBERS SAY IT SHOULD BE A SUPERPOWER BRAZIL IS IN A GREAT POSITION IT HAS A HUGE
LABOR FORCE THERE'S A LITTLE SAYING OUT THERE THAT SAYS BRAZIL IS THE COUNTRY OF THE FUTURE
BUT IT WILL ALWAYS BE AND THE MEME TOTALLY MAKES SENSE IN 2008 THIS RESEARCH GROUP CITED BRAZIL'S
SIZE AND IMPRESSIVE RESOURCES SOPHISTICATED CORPORATIONS AND SOLID MACROECONOMIC MANAGEMENT
SAYING THAT BRAZIL WILL BECOME ONE OF THE WORLD'S SUPERPOWERS ALONG CHINA AND INDIA BUT THAT DOESN'T
SEEM TO BE HAPPENING IN FACT EVEN A FEW YEARS LATER BBC DECLARED BRAZIL IS NO LONGER THE COUNTRY
OF THE FUTURE SO HERE ARE A FEW REASONS WHY BRAZIL NEVER TOOK OFF THE WAY OTHER COUNTRIES DID THE US
HAS BOTH PACIFIC AND ATLANTIC OCEAN MAKING IT EASY FOR TRADE BRAZIL ONLY SHARES THE ATLANTIC
COAST AND MUCH OF BRAZIL'S GEOGRAPHY IS HARD TO CREATE GOOD INFRASTRUCTURE ON OR IT'S TAKEN UP BY
THE AMAZON RAINFOREST WHICH AS BEAUTIFUL AS THE RAINFOREST MAY BE IT'S NOT PARTICULARLY EASY TO
PRODUCE ALONGSIDE ADDING TO ALL OF THIS INFLATION IS SOARING IN BRAZIL AND THE COUNTRY IS NOW IN
RECESSION BUT MORE ABOUT THAT LATER ANOTHER REASON PREVENTING BRAZIL FROM BECOMING A SUPERPOWER IS
ITS MASSIVE WEALTH GAP IN FACT IT'S ONE OF THE BIGGEST OUT OF ANY OTHER COUNTRIES IN THE WORLD
THE POLITICIANS MAN WORK MORE AND GIVE US YOUR MONEY WE'RE GOING TO GIVE YOU THE LESS THAT
YOU NEED AND YOU'RE GOING TO MAKE A MIRACLE TO LIVE WITH THIS IT'S KIND OF CRAZY TO SEE
THAT OVER THERE YOU HAVE DOZENS OF HOMELESS PEOPLE YOU HAVE GRAFFITI OVER THERE YOU HAVE A LOT OF
THESE STORES THAT ARE JUST TOTALLY BOARDED UP AND THEN RIGHT HERE YOU HAVE A PLACE THAT'S SELLING
LUXURY CONDOMINIUMS THERE IS NO SHORTAGE OF LUXURY HERE TOO THAT'S WHAT I SEE WHEN I ENTER A LUXURY
AREA BUT WHAT IS IT LIKE IN THE POOR AREAS I'VE COME TO SAO PAULO WHICH IS A MASSIVE CITY OVER 12
MILLION PEOPLE IT'S ACTUALLY THE LARGEST CITY IN NORTH AND SOUTH AMERICA WHAT'S REALLY INTERESTING
ABOUT THIS CITY IS THE CONTRAST YOU SEE BETWEEN THE RICH AND THE POOR THERE ARE ACTUALLY A LOT
OF HOMELESS PEOPLE RIGHT NEXT TO ME IT SMELLS VERY STRONGLY LIKE URINE I'M WALKING THROUGH ONE OF THE
NICEST MALLS HERE IN SAO PAULO BRAZIL AND AS YOU CAN SEE THEY'VE GOT EVERYTHING EVERY NICE DESIGNER
I RUN INTO YOU'VE GOT LOUIS VUITTON YOU'VE GOT HIGH-END JEWELRY AND IT'S QUITE AN INTERESTING
CONTRAST TO WHAT YOU HEAR ABOUT WHEN IT COMES TO SOME OF THE POVERTY HERE IN BRAZIL THE WEALTH GAP
HERE COMES DOWN TO A FEW MAIN THINGS THERE'S A LACK OF ACCESS TO EDUCATION TRAINING AND
TECHNOLOGY AND ALL OF THIS MEANS PEOPLE IN RURAL AREAS ESPECIALLY ARE JUST NOT ABLE TO BE LIFTED
OUT OF POVERTY GUY RANDOMLY STARTED YELLING AT ME AND HE HAD MULTIPLE DOGS AND HE WAS JUST
NOT IN A GOOD MOOD AND JUST STARTED YELLING AT ME AND OTHER PEOPLE SO I HAD TO CROSS THE STREET
AND ON THIS SIDE OF THE STREET YOU HAVE A LOT OF BUSINESSES A LOT OF PEOPLE SELLING STUFF BUT IF
YOU JUST CROSS THE STREET INTO THAT PARK YOU SMELL URINE YOU SMELL DRUGS YOU SEE TENTS WHERE PEOPLE
ARE SLEEPING AT NIGHT ANOTHER MASSIVE PROBLEM FACING BRAZIL IS CORRUPTION THE COUNTRY SCORED 38
OUT OF 100 IN THE CORRUPTION PERCEPTION INDEX AND IT'S BELIEVED TO BE ONE OF THE BIGGEST BARRIERS
TO THE COUNTRY'S ECONOMIC DEVELOPMENTS WITH FORBES ESTIMATING CORRUPTION COULD BE COSTING BRAZIL MORE
THAN 50 BILLION DOLLARS EVERY YEAR FAST FORWARD TO TODAY WHERE I MEET DAVID A YOUNG BRAZILIAN
WHO SEEMS RESIGNED TO BRAZIL'S STATUS WE HAVE ABUNDANCE WE ALL WE ALWAYS HAD ABUNDANCE OF WATER
ABUNDANCE OF RESOURCES ABUNDANCE OF FOOD WHATEVER YOU PLANT HERE GROWS AND YOU CAN PRETTY MUCH
PLANT ANYTHING RIGHT AND I THINK WHAT HAPPENS IS BRAZILIAN PEOPLE GET ACCOMMODATED BY THAT AND THEY
DON'T HAVE THE CULTURE OF WORKING HARD OUR TAXES ARE WAY TOO HIGH AND OUR JOBS PAY WAY TOO LOW
AND FOR THE MAJORITY OF PEOPLE WE JUST HAVE TO WORK LIKE SLAVES TO PAY OUR BILLS SO FOR YOU TO
START A BUSINESS TODAY IN BRAZIL IT'S PRETTY MUCH DEATH BRAZIL'S ECONOMY HAS FALLEN INTO A RECESSION
UNEMPLOYMENT IS 12 INFLATION IS ON THE RISE AND AS MANY COUNTRIES BEGIN GROWING AFTER COVET 19 BRAZIL
IS DIFFERENT ESPECIALLY FOR MANY WORKERS THAT I TALK TO BEFORE THE PANAMAKI IS THIS WAS A LITTLE
BIT BETTER MEANWHILE FOR YOUNG BRAZILIANS LIKE DAVID HE SEES MANY OF HIS FRIENDS MOVING ABROAD OR
WANTING TO MOVE ABROAD I REALLY WOULD LIKE TO LIVE IN PEOPLE IN BRAZIL IF YOU ASK THEM OH DO
YOU WANT TO LEAVE BRAZIL OR DO YOU WANT TO GO ABROAD AND LIVE SOMEWHERE ELSE OR THEY'RE GOING
TO SAY OH DEFINITELY IF I HAD THE POSSIBILITY I WOULD DEFINITELY GO SOMEWHERE ELSE YOU KNOW
LIKE THE PAST TWO YEARS THE THINGS GOT HARDER AND HARDER AND HARDER SINCE THE THE PRESIDENT
TOOK OVER IT'S GOING DOWN AND DOWN ONE SECOND YOU HAVE A BOARDED UP BUILDING IT'S ABANDONED THERE'S
GRAFFITI ON IT AND THEN YOU LOOK TO THE LEFT AND THERE'S THIS COOL TRENDY LIKE LUXURY COFFEE SHOP
IT'S REALLY INTERESTING IT IT REMINDS ME OF A PLACE THAT THAT YOU KNOW MAYBE HAS HAD A
ROUGH PAST BUT NOW IT'S BEING DEVELOPED NOW NEW PLACES ARE OPENING VERY RAPIDLY
TRENDY PLACES WEALTHY PLACES EXPENSIVE PLACES SO IT SEEMS LIKE A STREET WITH AN IDENTITY CRISIS