Sunday, 7 November 2021

Investment by global funds in Brazil drops from 1.94% in 2009 to 0.23% in 2020

Foreign investors are fleeing Brazil. The expectation of an increase in the US interest rate, added to the aversion to the risks of investing in a country where the government is taking great steps towards a fiscal crisis, produced a flight of funds dedicated to Brazil.

According to the newspaper O Estado de S.Paulo, Brazil's participation in funds dedicated to emerging markets dropped from 16.4% in 2011 to the current 5.1%.

For the poorest Brazilians, the scenario is terrible. Inflation reaches 40% for this portion of the population and the level of unemployment has practically doubled. According to DIAP, Brazil is on the way to stagflation. 


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