Brazil's worst-ever recession continued during 2016, GDP drops 3.6%

Wednesday, March 8th 2017 - 10:12 UTC

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Brazil’s economic woes continue as the country’s worst-ever recession unexpectedly deepened at the end of last year. Gross domestic product contracted by 0.9% between October and December. For all of 2016 it dropped by 3.6%; almost as bad as in 2015 with a 3.8% slump. It was the eighth straight quarter of contraction. Read full article

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:o))
Of course; the recession has gone from bad to worse! Obviously; there is:
- NO Budget-Control
- NO Auditing
- NO Account [or if there is - it is only for the name-sake]
- NO control on stealing
- NO seriousness of any kind except when it comes to taking the population for a ride.

To Top it ALL; the chances of worsening the recession are very bright REF: http://plus55.com/brazil-politics/news/2017/03/brazil-amnesty-corrupt-politicians
IN SHORT: Corruption is on its way of getting 100% LEGALIZED!
Mar 10th, 2017 - 02:02 pm - Link - Report abuse 0
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