đ¨ Fisco under pressure: FlĂĄvio Bolsonaro supports retirement pay increases above inflation
A strongly popular agenda brings to the forefront the debate about the sustainability of the public budget and the spending limits of Brazilâs social security system at a time of fiscal squeeze.
Behind the scenes in BrasĂlia, the lawmakerâs stance reverberates directly across operations desks and among analysts of fiscal risk. The proposal raises concerns among institutional investors, who monitor the rigidity of Brazilâs fiscal framework. Any sign of flexibility in mandatory spending increases the risk premium on public bonds and pushes up the future interest-rate curve.
For the crypto market, this domestic fiscal instability comes on top of a global *bearish* phase. The deterioration of Brazilâs public accounts reduces the appeal of the Real, encouraging capital flight into protection assets. Arbitrage desks are watching how exchange-rate volatility and persistent inflation affect local liquidity directed to $BTC e altcoins.
How should the Brazilian investor protect their capital in the face of fiscal pressures that threaten macroeconomic stability? Leave your analysis in the comments!
BTC $ETH #Crypto #Economy
A strongly popular agenda brings to the forefront the debate about the sustainability of the public budget and the spending limits of Brazilâs social security system at a time of fiscal squeeze.
Behind the scenes in BrasĂlia, the lawmakerâs stance reverberates directly across operations desks and among analysts of fiscal risk. The proposal raises concerns among institutional investors, who monitor the rigidity of Brazilâs fiscal framework. Any sign of flexibility in mandatory spending increases the risk premium on public bonds and pushes up the future interest-rate curve.
For the crypto market, this domestic fiscal instability comes on top of a global *bearish* phase. The deterioration of Brazilâs public accounts reduces the appeal of the Real, encouraging capital flight into protection assets. Arbitrage desks are watching how exchange-rate volatility and persistent inflation affect local liquidity directed to $BTC e altcoins.
How should the Brazilian investor protect their capital in the face of fiscal pressures that threaten macroeconomic stability? Leave your analysis in the comments!
BTC $ETH #Crypto #Economy