Talk:Brazilian real/Archives/2021

Biased

The text tries to insinuate that Bolsonaro’s government was the responsible for the supposed international disenchantments about Brazilian investment opportunities, and subsequent devaluation of Brazil’s currency (BRL). But the text omits the real problem which is the Congressmen’s lack of enthusiasm about the reforms (Which were the topics that bought enthusiasm to international investors) and that’s due to political reasons (Most are socialists). The Minister of Economics is Paulo Guedes, who could be considered one of the “Chicago Boys”, the Chilean generation of great economists formed in the University of Chicago that revolutionized Chile’s economy. He’s a liberal, and he supports free market and low state intervention. The disenchantments are not happening because of changes in the pattern of speeches or actions coming from the government, but by the realization that politics in Brazil are working in a uncompromising way. The politics in Brazil are really different, whoever is the president of the low and the high chamber accumulates great power. So the system is presidencialist but the Congress has much power compared to that of the executive. The former two presidents were absolutely left wingers who supported policies like raising taxes and creating populist programs like universal income. By now, the political atmosphere had changed because they were replaced by more compromising individuals. So the article is misleading, as usual when the subject is Brazilian politics, and when the analysis is convenient to many, even being false. I had to explain the whole situation to expose that misleading information (All of this can be sourced, and it’s a suggestion). — Preceding unsigned comment added by 2804:D55:2A1D:D866:106A:A3D3:482:1810 (talk) 11:14, 6 May 2021 (UTC)