{"id":203,"date":"2009-10-04T13:47:15","date_gmt":"2009-10-04T17:47:15","guid":{"rendered":"http:\/\/drduru.com\/onetwentytwo\/?p=203"},"modified":"2009-10-04T20:42:12","modified_gmt":"2009-10-05T00:42:12","slug":"invest-in-brazil","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2009\/10\/04\/invest-in-brazil\/","title":{"rendered":"The Marathon to Gold: Invest in Brazil"},"content":{"rendered":"

While I feel bad for Chicagoans and America for losing out on the bid for the 2016 Summer Olympics, I am very excited for Brazil. It is about time South America got the chance to host these games. My one Olympics experience was in Atlanta in 1996. I had a lot of fun back then, but I also saw firsthand the economic impact that the Olympics can have on a city<\/a>. (Unfortunately, I only managed to move to Atlanta nine years later<\/a>).<\/p>\n

The Olympics’s impact on Brazil should bolster the momentum that has already been growing in South America’s economic powerhouse. Brazil’s economic growth has been very uneven, but it has been trending slowly upward for the past ten years<\/a>. Of course, Brazil did not escape the global recession, but it looks like domestic consumption is picking up, and the unemployment rate is declining<\/a>. I am doubting there is much risk of a “double dip” for Brazil. I now count Brazil as second to commodities in terms of my investment interest (there is some correlation between the two).<\/p>\n

Last year, I wrote a positive review on Amazon for “Investing in Brazil Stocks: Get Rich from the South American Giant<\/a>\"\"“.
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