Gustavo Ballvé on May 16th, 2011
Banks, Diversified financials, Food for thought, Industries, Investment Themes, Portfolio Management, Risk management, Signal or Noise

That’s the title of a video (embedded inside) about a Rio slums transportation system that’s actually, well, a ski lift. But it’s a smaller part of a larger article on Brazil’s middle class shopping till they drop – not yet, but… It’s another one in a long line of similar articles, some of which we’ve posted here. We repeat a line we read somewhere: “As good Brazilians, we are rooting for this to happen. However, we do not like the idea of paying for it”.

Video: Ski lifts in Brazil (2:41)

More from Buysiders.com:

Private equity and Hedge funds in Brazil – Feb. 2011 – The Financial Times highlights the frothiness of the Brazilian markets, and we have words of caution.

“Is Brazil the new USA?” – Oct. 2010 – With one question, tons of credibility vaporize…

Brazil: cover of the CFA Institute’s magazine – Plus a story by the Financial Times. Investors can’t get enough, apparently.

Brazil in the press, again – Sept. 18th 2010 – The Financial Times’ Brazil bureau is quite busy.

Brazil in the press – Sept. 8th 2010 – The FT (twice) and the NYT (also twice: a Paul Krugman Op-Ed and a story on education).

Brazilian Congress vs. fiscal responsibility – June 2010 – Former BC (Brazil’s FED) president Gustavo Loyola wrote an op-ed in a local newspaper that had us thinking.

Government spending on the rise in Brazil – May 2010 – Election years and Brazilian fiscal responsibility,: natural enemies.

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