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The Asian Tigers prove a nation's success is not because of geography or resources but because of intelligent and diligent leadership. Generations of bad governments have robbed Brazil of its potential.

There's a saying in Brazil, at least when I lived there: "Brazil is a country of the future... and always will be"

Brazil has so much potential!

Politicians taxe us as we were a rich country. They spend our money as if they were monarchy. We are a democracy but vote is mandatory. This list could go on and on.

I left Brazil exactly because it's too dysfunctional and not safe. It won't really change in my lifetime so I decided to move on

As a brazilian I can say, our situation is deteriorating really fast, I dont think we are going to grow in a near future, every part of this country is broken, education, security, justice, health system, culture, and even with this problems the people keep getting anestesiated and just keep voting in the same populist politics. God bless Brazil, because no one else can.

Companies have to pay extreme high prices for computer hardware and software because of the high import taxes, there's no better local alternative (few countries have, to be fair) but this alone put brazillian companies behind competition. And everyone knows computers are basic necessities nowadays, like pen and paper. Also we have a poor education system and companies have a hard time finding competent workers, again hurting our chances to compete with foreign companies.. And Brazil is not a desired destination for foreign work force because of crime and poor salaries compared to other more desirable countries..

The country is super big with lots of natural resources. But despite that they remained a developing country.

"Brazil is a big country with a great past ahead of it..."

The potential has always and will always continue to be there. It's just a matter of Brazil's citizen's deciding what they want and making what they want happen. Brazil's future will always be determined by Brazilians. It's citizenry, just as those elsewhere, will reap what they've collectively sown.

As long as corruption exists in Brazil which is STILL HUGE in Brazil. Not much progress will be made or a snail pace. CORRUPTION KILLS PROGRESS.

Brazilian here. Dude, not bad. I'm surprised by how much you got right. Good job! Best regards from Brasilia, Brazil.

As a Brazilian myself I assure you: Brazil NEVER gonna be a superpower, search in the comments: Brazil is the country of the future, and it always will be. you mention exactly what is need to turn the game in our favor, change everything in our "system" but the problem is: you're gonna face several people who don't want this old failed system to be changed, so that makes us back to the bottom line, sadly I don't believe anymore in my own country, so I left.

Brazil is the country of the future… and always will be!

The Real plan (real is the currency) was the plan that took Brazil out of its gigantic inflation, but the way they did it was by releasing all the information the government had to the population, and they were able to solve it, putting Brazil on the track

Brazil is great if you don't expect much from it. Unfortunately, it will never be a superpower. Endemic never-ending corruption, unreliable judiciary system, lack of investment in serious education have condemned Brazil to be a forever mediocre country despite its potential. As a Brazilian, I don't see it changing anywhere soon!!

I moved out of Brazil over 30 years ago. Best, most important decision of my life. Never looked back. I’ve always known a pig can’t fly. Not even with lipsticks on. It’ll always be a miserable mess.

Brazil is the country of the future and will always be...#ironyincluded

As a brazilian, I can definitely say the video is quite accurate for most things. Specially this feeling of like "okay, so right now we're kind of in a good place but, for how long?" All those ups and downs surely have tanked our country from rising further as a superpower but even so, might be because I live in São Paulo but I feel like this country shouldn't be underestimated at all for its potential to always rise above the problems, its like, we have the capability but something is always pulling us backwards. Still, I'm very optimistic for the future here! I have been abroad to some of the so called 1st world countries and right now, I wouldn't change the life and culture we have here for a slightly more stable place, lots of crazy things happening worldwide and in that regard, Brazil is way more stable if you consider war and political coalitions, just can't imagine Brazil going to war anytime soon in the future

As a Brazilian i can talk our situation is worsing each day. Education ? Bad , System Health?! Terrible!!! .This country will never change this way.

Brazil lacks political and economic stability...

Brazil's problem is much more extensive and complex, I would say than the problem related to Brazilians themselves and their "Brazilianness". The book 'Carnavais, Malandros e Herois' by Roberto da Matta explains how this Brazilian behavior affects all sectors of society and how it delays the future of the nation. There probably isn't an English version, but it's a must-read for anyone who wants to understand the country's situation.

I'm a Brazilian and I tell you Brazil is f#$&d up with this president!!

I grew up in Brazil in the 80s and 90s and left the country twice for better employment opportunities. Today I live in North America and I plan to retire in Brazil as North America became too expensive.

Please make a video about the severe economic crisis in Egypt.

Being a superpower traditionally means being an aggressive state and dominating other nations. Why do nations have to strive to be Superpowers, why not try to be a great place to live instead?

The number of murders per year in Brazil is extremely high. In 2022, more than 45 thousand Brazilians died, in other words, these are numbers due to civil war. Source of information: L, L. Violent deaths in Brazil reach lowest number in 12 years. *Folha de São Paulo* , 20 July. 2023. Available at: Folha de S.P. Accessed on: 21 Dec. 2023.

Considering everything, it was almost a miracle that Brazil was going to reach superpower status,

Here in Brasil we say it is the country of the future, but that future never comes

Big state, socialism, money printing, credit inflation, etc... That's the reason. If you let the market be free, it regulates itself, Estonia is an example. The smaller the government, the less power the government has, and a currency that's tied to something valuable and can't be printed. The faster an economy will grow.

As long as you have a decent chance of getting held up or jumped for your cell phone at any time, Brazil will always lag behind on the global stage.

Brazil is a wonderful country with great potential. Hopefully, the government will keep the promises all made.

I'm froma Rio de Janeiro, and your video its really good! You put correct informations!! Congratulations!!

Explained with Dom ❌️ Doom Explained ❎️

Corruption happens.

The conclusion about structural reforms is correct. It’s not just the government - it’s the whole society that needs to root out the corruption. You do that, Latin America will permanently prosper - for rooting out the corruption will allow the markets to function as they should - and when prosperity happens, it breaks the desire of these peoples to keep choosing socialist governments who simply keep wrecking the economies.

I'm Brazilian, I'm not fluent in English yet and I'm using the translator, please read it! I will have to comment on this: Brazil did not develop just because it is corrupt, because there is corruption in South Korea and they were poorer than Brazil and they developed, China is corrupt and Vietnam too and they are developing, In addition to corruption, one of Brazil's biggest problems is political instability, any measure close to liberalism many will call it extreme right and any measure close to state planning, public policies others call it communism (the polarization here is huge), My Country tried having a computer industry (GOT WRONG) Tried to create cars like Korea having the company Gurgel (GOT WRONG) had excessive protectionism and quality was bad perhaps due to lack of advanced technology, Korea got help from the USA and Japan and we didn't , maybe we should have tried a little more, It's very sad but no country became rich by being liberal, they were protectionists, companies received help from the government in technological innovations only to come up with this idea of economic freedom in the near future, my comment is enough now It's huge, I think Brazil is almost a lost cause. I failed to mention the enormous social inequality that exists here, which makes Brazil one of the most violent and criminal countries in the world!!!

I was born in 1989 and I never though or heard we would become a superpower. Once we were forced to open our economy because of IMF policies and lost a great part of our industrial complex that was it. Commodities are fine in Australia but we are 10 times more populous. Latin America in general is not growing not just us. Our taxes and interest rate is to high to industrialize again.

as a brazillian: 🥲

In other words: corruption was and is the problem

such is the fate of every multi-ethnic and multi-racial country.

If East Asia can pull itself up from poverty, war and dictatorship… then why not Brazil and Latin America? Why? Maybe they need to be a bit more Confucian in their social system?

Brazil has just reached #9 in the top economies…

thanks Dom

Nice job. So Dom where are you from since you mentioned your heritage.

Brazil was going to be a Superpower. Explained with Dom Toretto.

High government spending and high taxes (which leads inevitably to corruption) is the source of, at least, 50% of the problems in Brazil.

Brasil has some richness that people overlook: we don’t have earthquakes, volcanoes, hurricanes, major ethnic problems, danger neighbors, shortages of water, etc. So we can go slowly to a more stable and happy society. We speak just one language. We can talk to anybody in the country and be understood. Being a superpower is not a major goal to Brazilians.

The best political and economical analysis of Brazil on youtube. Clearly down to earth and knowing very well the historical facts that happened and why the country faced such a massive downfall. A series of crazy economical policies, lack of Rule of Law, insolent and lazy populous, Crony capitalism and a deeply corrupt political elite brought the country of Brazil down to the gutter. It is important to notice that Australia also lacks high tech industries. But it grew for over 25 years(till the pandemic hit) selling just commodities to China. It is not just the lack of diversity in the economy area of Brazil. It's the lack of everything else.

I am so glad that your people Brexit the world... your influence will not be missed.

Been there twice and agree there's no prospects in the observable future. Good talent just leaves the country. Lots of guys I know in IT leave the country as soon as they can get a job in Europe or North America.

The man literally just skimmed over 2018-2022 like it didn’t happen….nothing was said about that time, nothing about whether there was progress or none whatsoever.

Dom, right around the 5:00 mark, I think you mean "developed" or "advanced" or "industrialized" or "Global North" countries, not "Western" countries, since a. Brazil (and Latin America in general) is Western culturally, and b. somewhere like Japan is developed/advanced/industrialized and in the Global North but is culturally not Western.

1- Corrupt government 2- Miserable education system 3- Communisn based policies 4- Extremely high taxes 5- Bad transportation Infrastructure. 6- Political conflicts (LOTS of it)

The situation in Brazil is only getting worse. The current government has disrupted the accounts by paying allies as it did previously. Their priority is to suppress opposition and increase taxes. This happens because the congress and senate were bought and their supreme court is made up of party judges who in some cases were never judges.

We are not focusing on responsible economic policies, I assure you.

I love my Brazil but we have a problem with human capital. Education is not good, even though the investment in it is not bad considering the share of GDP that is spent. So it means we spend it badly. Also, good workers are leaving the country, brain drain is a real problem with developing countries and it just makes everything worse. Brazil is in a pretty bad shape for the future, I fear for the country 20 years from now because if we don't get huge productivity leaps we are gonna have a serious problem regarding pensions since the country fertility rate dropped like a rock in a short period of time. It means our population will get old "quickly". We will be like Japan in terms of demography, but without Japan's productivity. Disaster is looming, unfortunately.

Great video

Brazil, the land of the future (which never arrives) Brasil, a terra do futuro (que nunca chega)

3:51 - dont remember that

Brasil, um país onde o governo quer valorizar a produção nacional mais do que a internacional, mas não investe no desenvolvimento tecnologico. (Sem falar também que os produtos nacionais são caros, assim o povo brasileiro dificilmente vai valorizar e comprar produto nacional, o povo vai continuar comprando produto estrangeiro (Esse governo é uma piada).

O quê adianta ser um País Rico em Recursos Minerais, e Vegetais se o Governo é *Muito Corrupto* ???!

In 2010 Brazil's GDP in BRL, which is our currency, was 3.6 trillion BRL. In 2021, it got over 10 trillion BRL. What happened basically was currency devaluation. Apart from that, Brazil's economy is almost 3 times bigger than a decade ago.

The problem is also the mentality of the population, which is anti-foreigner (xenofobic), and everybody wanting to be more ´esperto´ then your friend or neighbor. They think that being Brazilian is synonymous with being talented, the best in the world, or misceginated: they forget that the rest of South-America is similarly or more talented then the Brazilians. The Brazilians only speak Portuguese, and are simple-minded, simple people. They only Listen to Brazilian music, and are no cultivated, and know little about other world-views and ways of being. The 'friends-politics´ is also deadly in Brazil (is also related to corruption).

If Brazil can't even organize a football league with all the talent they have, how could they possibly fix more complex issues like their economic and political systems? Brazil is a 2-tier society (white/fair skin versus black/mulatto), and has failed to invest in infrastructure, education & health care

Singapore is the model. Corruption bad

Invest in people, especially the boys with no fathers. Stop cutting down the rainforest for quick profit and invest in information technology 👍🏽

Especially when it decided to join the paper weight brics 😂

The first half uses language like “rational” to describe liberalization, which makes it seem like liberalization doesn’t come with its own huge flaws and like previous eras weren’t similarly driven by rational policies - although dictatorship. Future videos should take a more holistic look at economic metrics to examine these aspects of Brazil’s development. Economics and geopolitics exist in a world together.

And I still want to move to Brazil.. honestly I think all the countries in the west hemisphere has potential to be a super power.

When it comes to the world of investing,most people don't know where to start. Fortunately, great investors of the past and present can provide us with guidance.

Our nation is like any other full of problems, but what happens is that we are still stuck in the past. Instead of concentrating our investments in science, technology and infrastructure, we use them for better management and tax collection, which could be put to good use, but this does not happen. In fact, we pay taxes and they do not return us in a positive way. Disastrous measures still make our country very dangerous in some regions, social inequality is always in the first place, public healthcare, although free, does not always provide good performance for the population. Although the country has returned to being one of the 10 largest global economies, GDP per capita has increased and the HDI remains the same, it still does not indicate new opportunities for the population. Every Brazilian dreams of one day being able to buy many things with at least R$150 (reais) or even having basic everyday things like being able to walk peacefully in the early hours of the morning like relatively stable countries like Germany, Japan, Korea of the South or the United States. But I have faith in GOD that we will be a developed country.

Well we are now the 9 economy of the world so we are back on track 😍

00:22 "for some reason, that never really happened". My response: we live under imperialist control for centuries, so they would never lete that happen my friend

Simple math. You can't have more poor people than your middle class. The wage gap is huge compared to many top countries. Brazil was building a middle class that would compete with Canada and Europe, and Japan. But the new government came and cuts to social programs was hard felt by the largest portion of citizens. You can only grow with your people. If your people can't grow, you will not.

Brazil was never going to be a superpower. Obs: I am brazilian.

Brazil should form deep trade relations with india, becoming gate way of south America for india, india which is expected to become 20 trillion dollar GDP easily by 2050 or before, france and UK are already forming relations with india as future investment...

1:53 start

Brazil will continue to grow in my opinion

Brazil is like a Nuclear Fusion Power Plant. It's always 30 years away.

Because we the government spends half of the work of the country by himself, it is a miracle we haven't imploded and by the way we are on top 10 GDP right now, imagine if our government didn't exist.

How about being a superpower in your own country

Brazil is a high risk investment place, period. No wonder the interest rates go skyrocketing overnight Nice try buddy! If I were to invest any money, Brazil wouldn´t be the place. Reasons why? 1. No commitment to agrrements and or/contracts; 2. Corruption rate is far from moderate; 3. Figuring the tax requirements for opening a business is so frustrating, even worse than Mexico; 4.The shipping service and logistics is a nightmare; 5. Nobody knows for sure who calls the shots. The judciary system, the president or the local mayor. Laws are accordingly to one´s understanding.

Corruption, socialism and judiciary's dictatorship, that's what happen in Brazil.

Peter Zeihan said in his book the Accidental Superpower that Brazil coyld never become a superpower due to it's crap geography.

Brasil will make big comeback. It needs some time to get their Act together

Great video! But also I’d like to add that the current President was arrested on the car wash operation, so systemic corruption is a huge issue with the country.

it is because their society is laid back, like most tropical countries.

I gave up on my country. Maybe I'll move to Australia.

Having an economy focused on exporting commodities is exactly what made Brazil the 9th most unequal country in the world, since farming and extraction of raw materials doesn't create many jobs and opportunities. Brazil feels just like a big farm with power centered in the hands of very few billionaires and politicians, while the rest of the population can't find a place to work, specially with college degrees. Going through a cia sponsored coup and being USA's backyard didn't help too. I think Brazil lost its window for industrialization and now it's too late to compete in any category that's not the primary sector. brain drain is a serious issue and the population is shrinking, It has no future.

8:15 it had increased because of Bolsonaro's actions and this only happened now because the credit agencies wanted to see if they would withstand Lula to some point

Brazil had no chance from the start and that makes the people less deluded about the country in fact. Too much slavery resulted in too many social, educational and cultural problems and Brazil's GDP per capita was always very bad. The attempt to divide the money via federal state just ends in more corruption and latin american populism as always in the region. At the end, Brazil has major social and cultural problems to do really well. In this case it is about damage control. It can be improved tho. But super power or first world? Not really. Brazil even do reasonable well compared to other Latin American countries regarding its potential to be honest. Argentina is where your point stands, it has close to zero colonization problems (despite the original people there being overlooked), fertile land, good climate, it is way below the country's potential... not Brazil.

O Brasil vai ser uma superpotência 🇧🇷❤

The best decision I ever made in my life was investing in financial market. Trust me guys, it pays!😊

They must focus on locally owned businesses thatvexport

Amazon Basin could be the equivalent to Mississippi Basin, but until now it has not been developed for political reasons

The empire needs to return

Please make a video about Mexico.

how weird. now news says its one of the growing economies now?