With the World Cup and Olympics on the horizon , Brazilians could be excused for wearing dark - tinted glasses . The country has seen much of its poor lifted out of poverty and a boom in its middle classes . Brazil -- the world 's sixth largest economy -- is beginning to see its mining and commodities sectors bear fruit , particularly oil and iron ore. Employment is increasing and wealth is easier to obtain . The risks of it falling into credit boom and bust are offset by regulated financial market .
With the World Cup and Olympics on the horizon , Brazilians could be excused for wearing dark - tinted glasses . The country has seen much of its poor lifted out of poverty and a boom in its middle classes . Employment is increasing and wealth is easier to obtain . The risks of it falling into credit boom and bust are offset by regulated financial market .