It is a great deal because it shows that the money is there and the problem lies elsewhere in society. A poor country with poor GDP and HDI is in a very hard situation. A country with high GDP and poor HDI has a chance of solving its problems and rising up if it can solve its wealth inequality.
Brazil in the past decade made huge advances in that. We are a recent democracy, we've been a military dictatorship for a long time. In our couple decades as a democratic country we've managed to get lots of good things done but of course there are millions impoverished and we're not even close to solving anything. Still the new social programs, the fact that millions moved our of the misery level, this is great.
If we could solve wealth distribution and opportunity, this could be a really great place. Our problem is not the lack of money but the concentration of it and the concentration of access to infrastructure and opportunities as well.
Brazil in the past decade made huge advances in that. We are a recent democracy, we've been a military dictatorship for a long time. In our couple decades as a democratic country we've managed to get lots of good things done but of course there are millions impoverished and we're not even close to solving anything. Still the new social programs, the fact that millions moved our of the misery level, this is great.
If we could solve wealth distribution and opportunity, this could be a really great place. Our problem is not the lack of money but the concentration of it and the concentration of access to infrastructure and opportunities as well.