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LBC contributor Jerry Haar evaluates the challenges for Brazil’s economy in the near term. By Jerry Haar Is Brazil’s calamitous performance in the 2014 World Cup a symbolic metaphor for its economy next year and beyond? Many will immediately dismiss the question itself as preposterous, having succumbed to the warmth, friendliness, joie de vivre, and unbridled optimism that Brazilians exude. However, investors, traders, financiers and corporations that do business in or with Brazil must be more sanguine in assessing risk, despite the fact that many of the signs emerging in Brazil’s economy, and business environment are indeed troubling. A number […]
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