ZeroHedge – Brazil’s Economy Just Imploded – 29 December 2014

ZeroHedgeChina may have mastered the art of fabricating economic data to a level unmatched by anyone except the US Department of Labor, but its derivative countries have much to learn. And none other more so than one of China’s favorite sources of commodities over the past decade: Brazil. It is here that things are going from worse to catastrophic, as disclosed in today’s update of Brazil’s fiscal picture.

Reasd the full story at: www.zerohedge.com / link to original article

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