About Brazil On one level Brazil’s failure to invest in roads and factories can give simple tasks, like moving about the country, a comic-opera quality. Truckers taking sugar to the seaport in São Paulo routinely wait two to three days at the gate because of a lack of warehouse space and mechanized cargo movers inside the port. Those who make it don’t always arrive with a full load. A former executive of a major U.S. agribusiness says his company used to transport seeds from the Brazilian hinterlands by truck, but the roads were so bad that half of the seeds would fall out by the time the truck reached São Paulo. Scavengers would follow the truck, and he would later find his seeds on sale in Paragua y. The flood of foreign money buying up Brazilian assets has made the currency one of the most expensive in the world, and Brazil one of the most costly, overhyped economies. The average student in Brazil stays in school for only seven years , the lowest of any middle-...
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