Brazil pumps more consumer credit lines trying to bolster the economy

Friday, June 14th 2013 - 23:17 UTC

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The administration of President Dilma Rousseff will hand out 17 billion Reais (8 bn dollars) in cheap loans for home appliance purchases it was announced this week, a further attempt bolster Brazilians' buying power as an anemic economy and high inflation erode its approval rating. Read full article

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ChrisR
“Inflation is under control, the public finances are under control,” Rousseff said.

Is this the truth as told by the liar Mantega, because it sounds like his comments?
Jun 15th, 2013 - 01:42 pm - Link - Report abuse 0
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Britworker
Boom and bust, seen it all before so many times
Jun 16th, 2013 - 09:50 am - Link - Report abuse 0
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yankeeboy
Inflation is rising so they hand out more cheap credit?
Is Dilma retarded?

Brazil is heading back to the 70s.
How sad.
Jun 16th, 2013 - 12:32 pm - Link - Report abuse 0
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