Comments on: Mexico vs. Brazil: Economies and Safety http://luxurylatinamerica.com/blog/2011/09/12/mexico-vs-brazil-economies-and-safety/ Luxury travel news and reviews for Mexico, Central America, and South America. Mon, 10 Jun 2013 21:56:11 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: Manuel http://luxurylatinamerica.com/blog/2011/09/12/mexico-vs-brazil-economies-and-safety/#comment-3595 Manuel Wed, 14 Sep 2011 06:01:13 +0000 http://luxurylatinamerica.com/blog/?p=1900#comment-3595 Brazil is really getting out of hand in terms of prices and it's got to implode at some point. Their citizens just don't have the money to handle that kind of inflation. Check out the piece from the Wall Street Journal today. "By some measures, the Brazilian real is now the world's most overvalued currency, and many local factories aren't competitive in global markets. Daily life has become so expensive that movies, taxis and even a can of Coke cost more than in New York City." Is it worth it for travelers? Brazil is really getting out of hand in terms of prices and it’s got to implode at some point. Their citizens just don’t have the money to handle that kind of inflation. Check out the piece from the Wall Street Journal today.

“By some measures, the Brazilian real is now the world’s most overvalued currency, and many local factories aren’t competitive in global markets.

Daily life has become so expensive that movies, taxis and even a can of Coke cost more than in New York City.”

Is it worth it for travelers?

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