Brazil, with its booming economy, a strong currency and a fast-growing middle class, also has the world’s most carefree population in regards to the global financial crisis that hit us all in 2008, but, for some reason, seems to have gone unnoticed in the South American nation. Despite International Monetary Fund Managing Director Christine Lagarde‘s warning that “Latin America isn’t immune to the European debt crisis and should prepare to confront possible turbulence,” Brazilians are not worried. At all.
The proof of that is that while Europe struggles with its sovereign debt crisis and recovery falters in the United States, not to mention the always bizarre behaviour of the politicians in Brasilia, the top news this week in Brazil has been the musical chairs on the country’s most popular (and highly watched) nightly news ...
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