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Brazil, South Korea, and the middle-income trap (2020)

3 pointsby szatkusabout 4 years ago

1 comment

PaulHouleabout 4 years ago
Brazil has the one counterexample that it makes very good airplanes such as<p><a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Embraer_E-Jet_E2_family" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Embraer_E-Jet_E2_family</a><p>I rode in one of these and it is like Buck Rodger&#x27;s spaceship compared to the Boeing 737. It&#x27;s got less range than the 737 (it can&#x27;t fly from NYC to LA but Southwest could serve CONUS from Love Field in Texas with it) but the fuel efficiency is great.<p>More to the point, it feels huge on the inside even though it is smaller than the 737. It&#x27;s something you have to experience to believe. The comfort is more like a widebody 767 because Brazil did what Japan did to cars.<p>It&#x27;s all the more remarkable when you realize that Embraer is the #3 airplane manufacturer in the world and there is no #4 that widely exports planes.<p>Boeing could go the way American Steel US market power to make it very hard for you to fly the E195 and love it.<p>Brazil has also been innovative in developing biofuel technology that hasn&#x27;t been successful elsewhere. When I visited Brazil I had the feeling I had visited &quot;another civilization&quot; more than I have any place else I&#x27;ve been to just from the feel of the infrastructure.