Tuesday, August 9, 2016

Winners/Losers

Brazil is showcased while the world's attention is on Rio de Janeiro for the Olympics. But their image has been more crisis than glory. President Dilma Rousseff was taken out of office by the Brazilian senate in May, and they will vote whether to impeach her today - right in the middle of the Olympics. Awkward.

In 60 seconds, this video explains that the government has been picking winners and losers among Brazilian businesses, creating an unfair environment that holds down economic growth. In the Olympics, it would be like unfair judges who favor some athletes over others.

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