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China is past Brazil is future

sakar's picture
Submitted by sakar on January 31, 2010 - 10:26

Brazil is ..

  • Is a democratic nation, not a communist one.
  • Possesses a population that is much younger - the median age is 28.3, compared to 33.6 in China.
  • Is far less reliant on exports. Only 14% of Brazil's gross domestic
    product (GDP) comes from exports, compared to 35% from China.
  • And already possesses all the natural resources
    necessary (and then some) to support its booming economy. Meanwhile,
    China needs to go out and gobble up foreign assets to ensure it can
    keep feeding its economic machine with enough oil, gas, coal, iron ore,
    and other commodities to keep its motor running.


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