The press in mid-May were focusing on the new government in Brazil. Articles featured the corruption at all levels of administration, the inauguration of the new president, Michael Temer, and the possible impeachment of outgoing President, Dilma Rousseff. As interesting as all this is, the fundamental matter was largely ignored: the tottering state of Brazil's economy.
A few years back when things were booming the press were full of praise for Brazil, but like all things concerning capitalist economy, it "ain't gonna last." A fat pay cheque today mean squat for later on. John Ayers.
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