Markets tend to swoon in times of political crisis. It is therefore odd that they are rallying strongly in Brazil by assuming that any change in government would be better than the status quo. Much as one might be tempted to buy into this notion, markets are most likely wrong. When things can’t seem to get worse, they often do anyway.
http://blogs.piie.com/realtime/?p=5455&utm_source=feedburner&utm_medium=%24%7Bfeed%7D&utm_campaign=Feed%3A+%24%7BRealTime%7D+%28%24%7BRealTime%7D%29
Showing posts with label Monica de Bolle. Show all posts
Showing posts with label Monica de Bolle. Show all posts
Thursday, 10 March 2016
Wednesday, 17 February 2016
Should Brazil Dance to the Tune of a Fiscal Band? (Monica de Bolle, Peterson Institute)
Brazil’s government, much of which is already under investigation for widespread, endemic corruption, is trying to pull another fast one on its taxpayers and creditors.
http://blogs.piie.com/realtime/?p=5413&utm_source=feedburner&utm_medium=%24%7Bfeed%7D&utm_campaign=Feed%3A+%24%7BRealTime%7D+%28%24%7BRealTime%7D%29
http://blogs.piie.com/realtime/?p=5413&utm_source=feedburner&utm_medium=%24%7Bfeed%7D&utm_campaign=Feed%3A+%24%7BRealTime%7D+%28%24%7BRealTime%7D%29
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