http://www.telegraph.co.uk/business/2016/03/02/only-the-imf-can-now-save-brazil/
Brazil is heading straight into the arms of the International
Monetary Fund. The sooner this grim reality is recognized by the
country's leaders, the safer it will be for the world.
..
"There
is an enormous fiscal crisis and we're flirting with a return to
hyperinflation. All the debt variables are going in the wrong
direction," said Raul Velloso, the former state secretary of planning.
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