JCN_NoVa

The young have to pay Brazil’s high taxes but benefit little from government spending, a huge chunk of which goes to pensions, said Tony Volpon, chief economist at UBS in Brazil. For those with a good education, leaving “looks like a good decision,” he said.

Comments (5)
No. 1-3
shred1
shred1

Its sad when a country is so ignorant that they make it so smart people have to leave.

cambeiu
cambeiu

Left 22 years ago. Went to the US and now I live/work in Singapore. Best decision ever.

2 Replies

Clintonstain
Clintonstain

Do you ever have any Guarnara’ withdrawals?

cambeiu
cambeiu

Nope. Never.

StowGrowGlow
StowGrowGlow

I Live in Rio and it is true that the situation has become quite sad. Elections are coming up and the general feeling is that people are really tired of the situation. I guess it was an evil we needed to go through. The good news is if we get some political renovation, Brazil might become an excellent investment place. You know.... when you rank on competitivity among the worst..... it is easy to get better so the upside might be quite good. I tend to say that western countries are on the top of the slide.... and we are at the bottom... already at the end of the bad cycle so.... we still may have some bumps but... that's part of the ride.


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