`` There 's been quite a surge in domestic consumption , '' he said . With the World Cup and Olympics on the way , Brazilians could be excused for wearing rose-tinted glasses . But Brazil is not just a country with an Olympic legacy to uphold. Wealth is increasing and credit becoming easier to obtain . The risks of it falling into credit boom and bust are offset by regulated housing market .
With the World Cup and Olympics on the way , Brazilians could be excused for wearing rose-tinted glasses . But Brazil is not just a country with an Olympic legacy to uphold. Wealth is increasing and credit becoming easier to obtain . The risks of it falling into credit boom and bust are offset by regulated housing market .