Brazil has rarely had it so bad. The country’s economy has collapsed: since 2013, its unemployment rate has nearly doubled, to more than 11 percent, and last year its GDP shrank by 3.8 percent, the largest contraction in a quarter century. Petrobras, Brazil’s semipublic oil giant, has lost around 85 percent of its value since […]
via How to Fix Brazil – By Eduardo Mello and Matias Spektor September/October 2016 Issue — Just Sayin’
