Patrick Gillespie on Brazil's Currency Crisis

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  • Опубліковано 20 гру 2024

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  • @Luizanimado
    @Luizanimado Годину тому +4

    Things here in Brazil are terrible, the government keep spending money and keeps increasing taxes.
    The money is devaluing a lot because if it

  • @mauriciofonseca2079
    @mauriciofonseca2079 7 хвилин тому

    Brazil since 2023
    Investments - UP
    Industry/services- UP
    Employment - UP
    Familly consume - UP

  • @tahiti1
    @tahiti1 4 години тому +2

    I'm in the south of Brazil now. Crisis, what crisis!! Everyone on holiday living the dream, and large numbers of Argentine tourists flocking here to spend their dollars that they keep outside of Argentina.

  • @louistan7560
    @louistan7560 4 години тому +2

    There is no currency crisis.

    • @ricardogurgel
      @ricardogurgel 24 хвилини тому

      ahahahahah Lula is a public deficit factory, so he is a Real destroyer

  • @ricardogurgel
    @ricardogurgel 26 хвилин тому

    Lula is a public deficit factory, his the total opposite is Milei! This is why Argetina is getting bigger and Brazil is getting Lower

    • @mauriciofonseca2079
      @mauriciofonseca2079 9 хвилин тому

      Argentina poverty inscreased 24% in two years, what stipidity is that ??? 🤨

    • @Luizanimado
      @Luizanimado 5 хвилин тому

      ​@@mauriciofonseca2079Argentina poverty was increasing for years, for the first time inflation decreased significantly, GDP increased without government spending, and now there will be a 90% tax cut, this is something impressive, it is undeniable that Argentina is getting better.

  • @Lucas_Ficz
    @Lucas_Ficz 2 години тому +1

    All you guys know is to have news about how terrible, not good, deplorable Brazil's situation is. Every single time Brazil is mentioned in the news is only for that. You guys sure don't want to make people know that we have a record low unemployment under the new government, record low levels of poverty, economic growth that is higher than most advanced economies (we are an advanced emergind economy ourselves)... But no, all you guys must advertise is how much of a terrible place Brazil is for an investor. Pathetic!

    • @Luizanimado
      @Luizanimado Годину тому

      Unemployment is the only thing that has improved, and even that is debatable, since in the data from IBGE who receives family allowance was not considered, the economy grow data was also just because of the amount of government spends, that we can't even pay.
      What about the high inflation and devaluing if the coin, what about the average tax increase of 30% per year.
      Things here are terrible man, stop lying, and stop sucking the dick of politicians

    • @mauriciofonseca2079
      @mauriciofonseca2079 10 хвилин тому

      true, our GDP growth is 7% accumulated in 2 years.

    • @Luizanimado
      @Luizanimado 2 хвилини тому

      ​@@mauriciofonseca2079The GDP increase because the government increase spends, the problem with this is that now Brasil has a very high debt, every year since the Lula government the debt had increase, so the solution of Lula was to increase the taxes, the problem is that this makes the population more poor in long term, and devalues the coin.
      So the GDP is what economists call a fake gdp, while Argentina had a growth on GDP without any more government spends, and that is some truly amazing.

  • @FinanceMacroInsights
    @FinanceMacroInsights 4 години тому

    👍🏻