In Brazil the argument over spending ceiling that would mandate a severe fiscal contraction is heating up. If lifted will

In Brazil the argument over spending ceiling that would mandate a severe fiscal contraction is heating up. If lifted will there be political crisis/capital flight? Important test of the relative autonomy that large “credible” EM enjoy. @bryanhimself
ft.com/content/638ae6… https://t.co/sZ5mWUjAum

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