Brazil’s Disastrous Debt Dynamics Could “Create Contagion” For Emerging Markets, Barclays Warns

by Tyler Durden
ZeroHedge.com
11/22/2015

“Brazil is confronting a toxic combination of a primary budget deficit, high public debt (relative to EM countries), very high real interest rates (the Selic stands at 14.25%), sluggish trend growth, a negative commodity price shock and potential contingent liabilities for the sovereign, which together spell trouble for public debt dynamics.”

The Rest…HERE

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