Monday, April 18, 2016

Brazilian growth during the Workers' Party adminstration

Overall from 2003 to 2016 about 2.4%. If the last two years (2016 being an estimate are not counted) it's 3.5%.
The collapse does not explain the impeachment (on this more later). It's more the result of the Workers' Party administration already caving and accepting the austerity policies promoted by the opposition.

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More on manufacturing and trade policy

There has been, and there will continue to be a lot of speculation about manufacturing and tariffs. Tariffs started to increase with Trump i...