Copyright © 2012 by James Dale Davidson. All rights reserved.
Published by John Wiley & Sons, Inc., Hoboken, New Jersey.
Published simultaneously in Canada.
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Library of Congress Cataloging-in-Publication Data:
Davidson, James Dale.
Brazil is the new America : how Brazil offers upward mobility in a collapsing world / James Dale Davidson.
p. cm.
Includes index.
ISBN 978-1-118-00663-4 (cloth); ISBN 978-1-118-22175-4 (ebk);
ISBN 978-1-118-26041-8 (ebk); ISBN 978-1-118-23556-0 (ebk)
1. Economic developmentâBrazil. 2. Economic developmentâUnited States. 3. Economic forecastingâBrazil. 4. Economic forecastingâUnited States. 5. BrazilâEconomic conditionsâ21st century. 6. United StatesâEconomic conditionsâ21st century. 7. BrazilâSocial conditionsâ21st century. 8. United StatesâSocial conditionsâ21st century. I. Title.
HC187.D38 2012
330.981âdc23
2012010364
To my Brazilian son, Arthur Leonardo DeClare Davidson
Preface
The first decade of the twenty-first century has taught me a lesson. I now realize that I was hasty to be cocky half a lifetime ago about having been born in the United States.
When I was a young man, the American Dream was alive and well. I took advantage of it to invent my own work as a serial entrepreneur. I have had a hand in launching and building three billion dollar-plus companies, two companies that attained a market cap of half a billion dollars or more, and about a dozen others that became worth $100 million or more. I enjoyed the adventure and the high standard of living that went with it. But I donât see the same opportunities ahead for my children, especially my two older children who are entirely American as I was.
By no means am I selling them short. They are both bright and energetic. They will need all the energy they can muster to succeed in the world in which they will live.
My youngest child has better prospects.