Brazil’s Political Jungle Swallows Its Economic Superman


For anyone looking for a snapshot of Brazil’s economic travails, you could do no better than the press conference Aug. 31 unveiling the government’s 2016 budget, replete with a whopping deficit of 30.5 billion reais ($8.1 billion).


Any other day, all eyes would have been on the tallest man in the room, Joaquim Levy, the six-foot-four finance minister whose University of Chicago diploma and low threshold for fiscal folly have made him the toast of foreign investors and President Dilma Rousseff’s guarantor of sound economics.

Read More… 


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s