When I tell people that I am going to Brazil, they normally react to the idea of beaches and carnival (to which I respond that I am not going to Rio), or to the economic growth of Brazil. This second reason explains more of my interest in Brazil, but it also seems to be pretty outdated. Maybe people are remembering the BRICs report from Goldman Sachs, but that was a decade ago. All the economic analysis I read nowadays about Brazil are pretty grim. Low GDP growth, corruption, lack of investment, horrid infrastructure… I wonder if all of these news articles just aren’t reaching the public.

A recent article from The Economist is just the latest in a long series of publications describing how Brazil’s economy has been weakening, but when is this going to reach the popular consciousness?