Brazil’s Economy – Sinking like a “BRIC” ?

Are the BRIC countries starting to fade quickly??

“Two weeks ago, Brazil’s finance minister announced that the country’s economy grew at an anemic 0.6 percent in the first half of 2012, far below South Africa’s 3.2 percent, Russia’s 4 percent, India’s 5.5 percent and China’s 7.6 percent during the same period. Even Latin American rivals Mexico, Chile and Colombia are growing faster, as is the United States.”

The Atlantic does a great story on what is going on and why. I encourage you to read it.

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