I know a lot of Brazilians moving back home. If it’s bad everywhere, they’d rather be where it’s bad but it’s good, as the saying goes…(The US is good but it’s bad, Brazil is bad but it’s good.)
“MARCOS SILVA DE PAULA, a 37-year-old Brazilian who moved a decade ago to a Brazilian enclave in Astoria, Queens, can offer a ground-floor view of the city’s economic turmoil.
For many years, Mr. Silva De Paula made a decent living in what is something of a throwback profession — he shines shoes for a living — but he is now planning to return to Brazil with his wife, Miria, and their 3-year-old daughter, Kimberly. Both Mr. Silva De Paula and his wife, who works part time cleaning houses, have seen their incomes plummet in the past year, and in leaving, they will be following in the footsteps of many Brazilian friends who have already made the one-way trip.
Many immigrants are suffering economically these days, but as the recession deepens, Brazilians are among the few who have the option and incentive to return to their homelands. The reason is that Brazil’s economy, while clearly affected by worldwide troubles, has been relatively strong in recent years, so much so that even before the recession, its strength had drawn immigrants home.
On a recent evening, between bites of a Brazilian farmer’s cheese and his wife’s homemade cake, Mr. Silva De Paula sat in the kitchen of his two-bedroom apartment and talked about his decision to move back home.”
The rest of the story here at NYT.