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As Brazil heads into an election, its debt problems are becoming harder to ignore. Consumers and businesses are struggling with sky-high borrowing costs as the country’s deteriorating fiscal outlook alarms investors.
President Luiz Inácio Lula da Silva has rolled out measures aimed at easing the pressure on families and businesses while his main rival, Flávio Bolsonaro, has promised tighter spending controls, albeit with few details. Whoever wins the presidency is likely to face difficult choices over how to bring the country’s debt to heel.
00:00 Introduction
01:34 Consumers
03:55 Online gambling
05:04 Businesses
06:21 Government
08:21 What’s next
#Brazil #Debt #Economy
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