According to the British Centre for Economics and Business Research, Brazil’s GDP will end 2011 at U.S.$2.4 trillion! That makes Brazil the sixth largest economy in the world.
The United States is still number one (of course most of that money goes to the top 10% in the U.S., no trickle down here), followed by China, Japan, Germany, France, and now Brazil.
On December 27 the Brazilian Finance Minister commented on a new IMF report, saying his country will soon be the fifth largest economy in the world: “The International Monetary Fund expects Brazil to be the fifth economy in 2015, but I think that will happen earlier…it’s inexorable that we surpass France and, in future, who knows, Germany…”-Guido Mantega