At last weeks meeting of the Florida Association of Realtors in Orlando, commercial brokers were talking about the country with the most buyers of investment properties in the southeast area were from Brazil. Millionaires are being created, maybe 20 per week, with their booming economy and some of the surplus is coming here. A speaker at the meeting said she located only one college with a course in Florida teaching Portuguese, the language of Brazil.
The Miami Herald in a copyrighted story of 8/9/12 titled "Brazil is zooming ahead on ethanol" describes their shift from 80% reliance on imported petroleum products in the 1970s to zero. About half of the cars in Brazil run on ethanol made from sugar, which is much cheaper than that from our corn or biomass. With politics, sugar is high priced and protected from importation. We could not copy Brazil economically.
The Miami Herald article was sent to me by the Florida Forestry Assn.
Henry Rogers
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