Wednesday, February 9, 2011

Can You Use A Magic Eraser On A Stove Top?

minimum wage and millionaires

The Brazilian federal government is fighting the minimum wage at 545 R $ (242 €) stating that, while the prime minister of the State of São Paulo, Geraldo Alckim broke away, - what he can on the basis of the circumstances - and for announce his government area today 600 R $ (267 €) as the minimum wage. The problem with the minimum wage is that it is the basis of other costs, such as social security (Renten!), forms, and thus to increase it automatically brings additional increases on the economy and the government itself.
As part of the population on the increase pleased that she might still be too small and inadequate in the eyes of a German trade union member, there are in Brazil, R $ 63 224 millionaires, which is sure not really care. The local banks are assuming that 150,000 Brazilians have an income of R $ one million a year. The number of these millionaires, who have more than one million R $ in the bank, has grown by 11% in 2010. These lucky dogs have applied R $ 162.2 billion in mutual funds, R $ 118.6 billion in fixed income securities and R $ 68.2 billion in shares. Thus, these plants spread geographically:

  • 55.3% São Paulo 18.3%
  • Rio de Janeiro
  • 13.0 South
  • % 5.8% Minas Gerais and Espírito Santo
  • 5.5% 1.8% Northeast
  • Midwest
  • 0.3% North
Source: ANBIMA (22 banks provided the data)

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