when I see someone dealing with financial assets talking this nonsense I remember the angry teenager with their own parents for charging them for measures they don't like
Post
Investidores - Brasileiros
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BullishHaddad: Brazil has a chronic deficit in public accounts since 2014
In social matters, he advocated for a balance between longevity and quality of life, suggesting working longer in life, but fewer days per week. To this end, he mentioned a bill that taxes the 140,000 richest (10% on what they do not pay today) to finance the income tax exemption up to R$ 5,000.
In the economy, Haddad argued that critical minerals and rare earths should be the basis for partnerships with foreign capital and the development of the industrial chain in Brazil, going beyond mere exportation. Initiatives such as "debentures for Mineral Transformation" and Redata (Special Tax Regime for Data Centers) aim to attract sustainable investments and encourage local data processing.
The minister also explained the adoption of a continuous inflation target starting in 2025, which disconnects the target from the calendar year to give more flexibility to the Central Bank. Finally, he clarified that Drex, the digital currency, seeks transparency, not control, and that its agenda was delayed by hacker attacks on Pix.
Source: CNN Brazil
My Conclusion:
Minister Haddad, from the current government, boldly diagnoses that Brazil suffers from a chronic deficit in public accounts since... 2014.
What a revelation! We discovered that the fiscal problem is a true classic from ten years ago. If the same ailment persists for a decade, and the minister of a government that largely (or entirely) participated in that period reiterates it as an immutable truth, the conclusion is singular.
Is it a certificate of incompetence? Far from it! It is an unwavering historical coherence! It is the guarantee that economic policies have a remarkable dedication to maintaining the fiscal status quo of 2014. Brazil lives in a time loop, where yesterday's problem is today's headline. And the most ironic thing is having to hear this from the same stage.
The nation can sleep peacefully: the problem from 2014 is safe and being properly preserved in 2024.
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In social matters, he advocated for a balance between longevity and quality of life, suggesting working longer in life, but fewer days per week. To this end, he mentioned a bill that taxes the 140,000 richest (10% on what they do not pay today) to finance the income tax exemption up to R$ 5,000.
In the economy, Haddad argued that critical minerals and rare earths should be the basis for partnerships with foreign capital and the development of the industrial chain in Brazil, going beyond mere exportation. Initiatives such as "debentures for Mineral Transformation" and Redata (Special Tax Regime for Data Centers) aim to attract sustainable investments and encourage local data processing.
The minister also explained the adoption of a continuous inflation target starting in 2025, which disconnects the target from the calendar year to give more flexibility to the Central Bank. Finally, he clarified that Drex, the digital currency, seeks transparency, not control, and that its agenda was delayed by hacker attacks on Pix.
Source: CNN Brazil
My Conclusion:
Minister Haddad, from the current government, boldly diagnoses that Brazil suffers from a chronic deficit in public accounts since... 2014.
What a revelation! We discovered that the fiscal problem is a true classic from ten years ago. If the same ailment persists for a decade, and the minister of a government that largely (or entirely) participated in that period reiterates it as an immutable truth, the conclusion is singular.
Is it a certificate of incompetence? Far from it! It is an unwavering historical coherence! It is the guarantee that economic policies have a remarkable dedication to maintaining the fiscal status quo of 2014. Brazil lives in a time loop, where yesterday's problem is today's headline. And the most ironic thing is having to hear this from the same stage.
The nation can sleep peacefully: the problem from 2014 is safe and being properly preserved in 2024.
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