Brazil Market Crisis: Investors Lose Faith In President Lula
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Faz o L 😂😂😂
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…the name and surname for the Brazilian economic and political disaster is : LULA DA SILVA!!!!
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For who doesn't know, Lula is the chief of a scheme that took billions of dollars literally and he never got even on high school, so I'm sorry for who's not Brazilian that believed on his lies, next time use better your brain and go after more info about who and where you're up to invest cause Latin America is not for amateurs!
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Do the "L"
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Lula is taking revenge against all the brazilian people for his prison. The supreme court released him after 3 instances of judges declaring him guilty with a lot of proofs, after that the same guys from supreme court joined the electoral tribunal and helped him on 2022 elections.
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lula is the Crook
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Shit just got real down here in Brazil. Real lost 25% of it’s value in 1 year! Our interest rate is going to 14,25% or even 15% a year!
We are screwed!
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Lula's so-called social program is a sham, as his government is based on corruption. The deficit of state-owned companies reaches record highs.
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Pior presidente da história do Brasil
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A communist-declared president, supported by the media! Always deceived the population with narratives and lies and "supported" by socialists who only want to see Brazil get worse and worse! We had Bolsonaro as president who worked for the good of the country, but you in the traditional media invented and spread countless lies! This filthy Lula needs to go back to prison!
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Go ask Argentina to teach you how to balance budgets.
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Thank you Bloomberg for covering the Brazilian market.
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Run away from Brazil!!!!!
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Mileinomics better than lulanomics for now. Anyone with china as largest trading partner will eventually go bottoms up. That’s how they want it. Next they buy the ports for the loans. Sigh. Like clockwork
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Never late to short a currency banked by a complete and utterly corrupt political system like the Brazilian banana republic. 😊
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To save "one's currency" there is only one way out: the airport.😊
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Its funny when brazil spends too much, investors panic, punish the markets and currency.
When the us overspends, nobody cares.😮
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He forgot to mention that most of the financial elites voted for Lula, idiots. The working class voted for the alternative. SKIN IN THE GAME! Faz o L !!
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They never had … Lula Back to continue his path of destruction
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Speculative attack
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FAZ o L.
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The “market” just import with your pockets, and make money with lies, getting worse the life of more poverty person.
Whether the “market” haven’t confidence on presidency or fear about anything on presidency, the presidency it’s on the correct way.
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HEY, BLOOMBERG! Gotta walk the walk with the "market", right? You are a bunch of racists… I wish that I could just block this barf content of yours
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It sounds like a strong dose of Anarcho Capitalism is required.
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Did anyone imagine anything different considering that the guy went straight from prison to the president's chair?
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The thieving Lula ruined the Brazilian economy
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FAFO time, Lula voters. Congrats 👏
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Don't get It wrong, Brazil is a communist dictatorship.
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Other major factor. In the past governments, prior to 2014, Brazil was greatly blessed by the commodities boom… so even with all that bad management and socialist doctrine, Brazil didnt crash… but now we dont have that boom, and his actions wont be balanced out by it. But they will never understand it, cuz if they were economists, they wouldnt be socialists.
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On the the same graphics is clear that is a political movement, just looking on the same image during the previous government the deficit was higher but the adjustment comes from pressuring the public sector and the poorest people… That's the reality of the markets, making Money from fin air over people's life.
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The corruption levels during his government were the highest on Brazilian history. He used taxpayers money to bribe congress men and senators, obtaining political advantage on approving plans for the party's own benefits. Not to mention the bribes he received himself from giant multinational companies to close billions in public contracts against the public interest. The bribes were proven and publicly confessed by the white collar executives. I remind you that there are hundreds of documents, videos, recordings of his actions. Now the supreme court set him free, ordered the destruction of all proves (physical destruction), and one by one, they are saving from jail all bad politicians that were convicted and sentenced for years in prison. He is doing the exact same thing now, but this time he has thick politicians and supreme court ministers in his pocket. Just google it and you will see the truth between the sold midia. Welcome to latin america!
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That's what happens when people put a criminal in power
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Guy got punched on the right ear really hard.
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Lula is a problem. But the brazilian government itself is the bigger problem. Too much corruption from everybody.
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If the "market" once had faith on someone released from jail directly to the presidency. The "market" is really a mess!
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Lula was a personal friend of Fidel Castro since the 80's. What were you all thinking when your country helped his political ressurrection? Do you think It was a good move?
😅But it is all very democratic😅I presume. -
Death market strikes again. The fear of brics will destroy western superpowers
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The only chance of improvement is Lula out…
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Brazil turning to Turkey 2.0 … 10 brazillian real for one usd is a very real forecast for 2025.. of course is not gonna be like Turkey going up to 35 Liras/USD, but for Brazil 10 real for 1 USD is the reality
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There was no ambiguity in his discourse. He's always been blatant about his intention to overspend and tax (steal) more money from brazilians. People voted on him despite that, because the left and midia literally described his oponent as worse than H1tl3r, which makes no sense. Now we are paying the bad choice that 52% of the population made.
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