From Newsmax:

Brazil is the place to be as far as real estate investment goes, says billionaire property investor Sam Zell.

And he’s got his money where his mouth is. His investment firm Equity International has more than half its capital in Brazil.

“It’s the U.S. in the 1950s. It has a growing population, it’s energy self-sufficient, it’s food self-sufficient," Zell told CNBC.

“It’s growing and, at least for now, they’ve solved the problem of inflation....

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