Dienstag, 18. August 2015

Rousseff Malaise in 3 charts

Hundreds of thousands of Brazilians want to get rid of President Dilma Rousseff. These three charts explain why they are so frustrated. And rightly so.

Since Rousseff took office in 2011 ...

... Brazil's inflation has soared (it's now at 10 percent) ...



... the Brazilian Real has been hammered ...




... and the stock market has plummeted.


Source: Bloomberg
And by the way jobless rate is at 6.9 percent. higher than in any other major Emerging Market except India (8.6 percent).

Brazilians are losing their future. And that's not only because of falling commodity prices







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