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Dilma Rousseff’s Former Supporters in Brazil Express Disillusionment

New York Times Original article ›

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Andrew Jacobs provides this exceptional accoount of disillusionment of ordinary people in Brazil with the corruption scandals, deep recession, and the drop in president Rousseff's popularity from 50 percent in 2014 to 16 percent in April 2016.

Faces in Brazil in 2016 with the deep recession, corruption scandals and president Rousseff's popularity down to 16 percent

04/15/2016

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Dilma Rousseff’s Former Supporters in Brazil Express Disillusionment

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Fight to Impeach Brazil’s Leader Tears at Fabric of Daily Life

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Brazil's Middle Class Finds a Lifeline at the Pawnshop

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Brazil’s Economic Crisis Beats the Emerging Middle Class Back Down

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Dilma Rousseff’s Former Supporters in Brazil Express Disillusionment

New York Times 04/16/2016

Fight to Impeach Brazil’s Leader Tears at Fabric of Daily Life

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Brazil's repeated boom-bust cycles since 1973, and lost decades

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Brazil, Russia, Australia, Canada, are caught up in the commodities bust with dependence on commodities exports. Brazil faces a lost decade because in adddition to the sharp drop in commodities prices, it also has to tackle large debt and capital outflows, a credit card binge of households cutting into consumer spending, and problems with manufacturing from the period of overvalued currency. A serious long term problem as bottlenecks to growth come from a weak educational system and infrastructure that were not tackled in the boom years. The social safety net and the currency are supported by the foreign currency reserves fund of $397 billion, a lesson learned from the 1997 financial crisis.

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How Brazil’s China-Driven Commodities Boom Went Bust

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Dilma Rousseff’s Former Supporters in Brazil Express Disillusionment

New York Times 04/16/2016

Fight to Impeach Brazil’s Leader Tears at Fabric of Daily Life

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Globalization: Capitalism Should Be Nicer | ZEIT ONLINE

ZEIT ONLINE 07/29/2016


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