Bolsonaro botched public health response to corona.
But run generous stimulus prog.
Huge deficits & elections 2022
Brazil borrows 90% domestic currency.
Lenders jittery -> yield curve = one of steepest in world.
Now CB is asking for a consolidation plan.
ft.com/content/dfc8ba… https://t.co/xb8sv3FwWq
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…