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#1 |
Makes some feel uncomfortable
Join Date: Dec 2005
Posts: 10,346
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It's due to the huge disparity between the haves and have-nots.
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#2 | |
Franklin Pierce
Join Date: Oct 2006
Location: Minnesota
Posts: 3,695
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Quote:
One trend that seems to be appearing is that all the up-and-coming economies are starting to stagnate. The BRICs are slowing down while Turkey and Indonesia were predicted to be part of the a "second-wave" of rapidly developing economies.
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#3 | |
To shreds, you say?
Join Date: Aug 2004
Location: in the house and on the street-how many, many feet we meet!
Posts: 18,449
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#4 |
Franklin Pierce
Join Date: Oct 2006
Location: Minnesota
Posts: 3,695
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I doubt it is greater but it is definitely shifted downwards. I was in Brazil this past December and while it was a beautiful and amazing country, overall, their infrastructure and poverty is so much worse than here in the US. Driving in Sao Paulo makes Washington D.C. and Atlanta tolerable and their are multiple stories of people showing up to an E.R. who are then told to go to another hospital via public transportation. There are entire communities living on the outskirts of Sao Paulo and Rio who literally live under cardboard. Not just a random homeless person or two, but entire communities.
Brazil, and I'm sure Turkey and Indonesia, have a lot to be proud of economically but the foundation of their growth isn't necessarily stable.
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