By HEATHER SCOFFIELD, Toronto Globe and Mail

Brazil's middle class endangered

The first thing a salesperson does when a customer walks into a store is ask whether she would like to pay in installments.Anything at all can be financed in Brazil: shoes, purses, groceries, medicine, and especially larger items like electrical appliances, televisions, cell phones and vacations.Brazil's emerging middle class is hooked.

Read more
Syndicate content