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Investors Are Fleeing As Attention Returns To Brazil's Depression
Article By:
Tyler Durden
Tuesday, May 31, 2016 5:13 PM EDT
Investors are left with nothing but Brazil's economic depression to look forward to, punctuated perhaps with the occasional bout of social violence and a disastrous bout of Summer Olympics to boot, the decline in Brazil assets is set to accelerate.
The End Is Near, Part 7: Governments Become (Really Bad) Money Managers
Article By:
John Rubino
Thursday, December 24, 2015 2:44 PM EDT
2015 was a year Brazil would like to forget. Its economy crashed, its political class was decapitated by a corruption scandal, a huge iron mine dumped toxic waste onto a bunch of villages — and the sludge is now seeping into the ocean.