Belittled on Brazil...
- fabiosav
- Dec 24, 2015
- 1 min read
A classic "investor mind-set vs journalist" moment. A litany of worry is set out for Brazil- over a million unemployed, double digit inflation... At 1:30 I suggest the key step to the solution: impeach President Rousseff. Met with laughter, shouts of "wrong!" "it's a disaster across the board!" Impeachment proceeded, market bottomed two weeks later: up 40% from there. Fun to watch...
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