Brazil growing to fast ?

Opinion The Economist

source: economist.com/world/americas

NEW skyscrapers are going up along Avenida Faria Lima in the business

district of São Paulo. Sales of computers and cars are booming, while a

glut of passengers has clogged the main airports. Brazil created 962,000

new formal-sector jobs between January and April—the highest figure for

these months since records began in 1992. Everything indicates that over

the past six months the economy has grown at an annualised pace of over

10%. Even allowing for an expected slackening, many analysts forecast

that growth in 2010 will be 7%—the highest rate since 1986.