Thursday, August 6, 2009

Checking out the Brazilian economy

Of course, no trip would be complete with out a shopping trip. (For purely educational purposes :) A few observations:

1. Things are much more expensive here that what I thought they would be. For example, a very basic pair of leather shoes generally runs about the equivalent of $150

2. Speaking of shoes, this seems to be the most popular type of store

3. A cotton/nylon jersey for the popular soccer team costs about $125 at the cheap end. The "official jersey" was $300

Another indicator of how expensive things are- McDonald's- a Big Mac meal with a medium diet coke is about $7.00.

One would think that there would be no one out and about considering that the only 5% of the population earns more than $1500. However, this is not the case. "Todo mundo" (everyone) seems to be out and about enjoying life and spending money. I believe this goes with the "work to live" mentality so common in many places in the world as opposed to the work to live" mentality so common in the U.S. I have to say, the older I get the more I'm for the work to live path.

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