He also cites the Brazilian government's ability to, this year, finally pay off the country's long-standing foreign debt as a sign of good things to come.

"The surge in Brazil's economy is actually reaching the lower class. There are a handful of social programs designed by Lula's government that make this possible. And while people of the lower class are feeling slightly better due to the government's recent support, it's important to recognize that we are still very far away from where we need to be," he said.