Where in the world can you still expect to get minted? The clue is in the question. Jim O’Neill, the economist of “BRIC” fame recently invented a new acronym, MINT, to showcase the next four economic frontiers.
O’Neill’s prophetic acronym was coined in 2001 to predict the economic emergence of Brazil, Russia, India and China (BRIC) and resulted in a rush of new-found wealth in all four economies. Over the past decade we’ve seen the number of millionaires swelling in these countries. Indian millionaires have developed a fad for yachts, Russians for Knightsbridge, Chinese for fine wine and apparently, the latest thing to have in Brazil, is a helicopter.