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Lucas Vaz

Brazil’s Easy-Money Problem

Mises Wire

Author: Lucas Vaz

Online Publish Date: January 26, 2016

Brazil is undergoing what is considered its worst economic crisis in seventy years , and there is usually no agreement when it comes to the causes of this situation. President Rousseff and the Labor Party say that it was the corollary of the “International Crisis,” a ghost of the 2008 depression created in their minds. The reality, however, is

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