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Is the Brazilian real collapsing?
#59

Is the Brazilian real collapsing?

Quote: (03-16-2016 08:43 PM)Mekorig Wrote:  

To any forum member in Brazil, how is the situation in the street? Here in Bs As by seeing the TV news it seems shit is hitting the fan.

Personally I wouldn't say shit has hit the fan - at least not yet.

To those who were around in 2013 during the Passe Livre protests, the situation escalated way more violently then. There were dozens of protests - sometimes two or three a week in São Paulo and Rio -, confrontations between protesters and the police and some groups of protesters destroyed stores and banks, looted, etc.

[Image: 640px-Protesto_no_Congresso_Nacional_do_...e_2013.jpg]

Although the protests now are big, in comparison they have been quite peaceful - pretty much a family sunday out.





Whether or not Lula's appointment changes things I'm not sure but so far things have been mild.
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