... would be needed. This money would be available if Brazil developed its rainforest. Many foreign loans and multinational investments were taken out by Brazil during the 'Brazilian Miracle' of the 1960's and '70's in which large-scale projects made Brazil into a modern industrial nation. This 'miracle' left Brazil with enormous debts. Although this created thousands of jobs, the gap between the poor and rich continued to grow. Despite the fact that Brazil now has a trade surplus, the interest payments on the loans are forever increasing, and there is no way that Brazil can reduce its debt - unless the rainforest is developed. In Brazil, there is a huge inequality between the rich and the poor - 1% of the population owns 45% of the land. Large areas of the Amazon rainforest have been destroyed as governments have tried to develop it to make Brazil a better country. Some estimates suggest that a ...

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