RE: LeoThread 2024-12-27 20:14
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Brazil is the most devalued currency of the year, even worse than Argentina, where people were starving to death. With inflation of over 100 percent, Argentine pesos were simply discarded. And now the real is worse than that currency.
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Are you talking about currencies or the countries?
Currencies. Derived from the attitudes of the countries' top rulers.
https://www.riotimesonline.com/central-bank-interventions-in-south-america-argentina-vs-brazil/
Wow! I guess it's directly related to the current Brazilian government's orientations - Keynesian ones, as far as I know, the same way Argentina's currency's health has improved due to a globally libertarian government.
A former prisoner for corruption in the presidency of a country does not bring any good future.
Yes, a total Keynesian government. It directly hints at dictatorships like China, Venezuela, Cuba, Nicaragua, and any other dictatorship you look for, the current president will certainly be flirting with.