networkpro
Well-Known Member
- In the Parks
- Yes
I used Purchasing Power Parity for the per capita number, but I'm sure you're right about the disposable income. I would wonder if that wasn't also seen as a problem in China outside of the actual cities of Hong Kong and Shanghai.
Brazil has been stable for over 30 years now. Tiananmen Square occurred more recently than major political unrest in Brazil. From a quick search, they seem to be experiencing economic issues now, but they remain the 8th largest economy in the world.
I still say a single Disneyland style park makes sense in the near future.
China is an outlier, they are totalitarian with capitalist trappings where income for foreign companies can currently be repatriated. Its also a numbers game with its vast population of over 1.4 billion people. 14 Percent of that population is "upper class" of 196 million with plenty of disposable income.
Brazil's national treasury bonds are rated as junk. Its pension system is untenable , on par with how Greece was before it defaulted. Oh the majority of the population is wonderful, but their politics and economy are dreadful.