Just As Brazil Hits Rock Bottom, Things Are About To Get Even Worse

Wednesday, August 12, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
08/11/2015

For anyone who might have missed it, Brazil is in trouble. “Macro imbalances in Brazil are large, the worst in almost a decade. The fiscal deficit at -8.1% of GDP is also at its widest in more than 20 years, with the combined twin deficits now tracking at a disquieting 12.5% of GDP. Brazil stands at a crossroads – both roads involve currency depreciation.”

The Rest…HERE

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