No man can predict the future, but a good wealth adviser can imagine various scenarios where you can profit. These help you create a financial strategy for making money. Learn about one possible scenario for “How Brasil Can Grow” according to financial consultant Igor Cornelsen.
“Brasil Economic Statistics”
Experts calculate that the 2011 breakdown for Brazil GDP was 67% service, 27.5% industrial and 5.5% agriculture on about.me. The nation of 204 million produces 10 million tons of steel, 26 million tons of cement and 3 million refrigerators. And there are so many ways that Brazil can grow!
Firstly, the World Bank has reported that Brasil has decreased its poverty rate from 17.3% in 2006 to 7.4% in 2014. This creates “a solid middle class consumer” base, which can afford the products, manufactured in the nation.
Secondly, the financial industry in Brazil is quite solid. As more people join the middle class, they will open bank accounts. While the United States remains “suffocated by non-performing housing loans,” Brazil’s banking sector on WordPress.com is still healthy. In fact, Brasil banks outperformed their United States counterparts.
Thirdly, as China grows, they may need to purchase more commodities from Brazil. With more than a billion people, China has a tremendous consumer base just waiting to be unleashed. “Forbes” reported how China growth went from 4.1% of global GDP in 1970 to 15.6% in 2015.
“Igor Cornelsen Connects the Dots”
When you are starting to invest, getting assistance from a professional advisor, such as Igor Cornelsen, is wise. The potential for growth in Brasil is there. In fact, the comparison between Portugal and Brasil is apt.
Now, Portugal is listed as one of the PIIGs, Brasil is listed as one of the BRICS. Times change, nations rise and nations fall. Due to his Brasil banking experience, Mr. Igor Cornelsen can help you find good investment choices.
Rumors might also be bandied about, concerning mergers and acquisitions between various Brasil banks. Mr. Cornelsen can help you find the “needle in the haystack.” None of this should be construed as investment advice, it is just a possibility. See: http://igorcornelsen.tumblr.com/