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I don't understand all of these knocks against the country of Brazil, unless of course people are just ignorant about how foreign countries are organized. The OP is correct in that Rio, specifically the Governor of the State of Rio de Janeiro, has declared a financial emergency in advance of the Olympic Games. What most of the respondents don't seem to understand is that this is no different than say the Governor of Florida or Louisiana or Texas declaring a state of emergency in order to receive federal assistance or money to assist with an extraordinary event. The Governor of Rio declared the state emergency as a device in order to free up (the equivalent of) $850 million in emergency government money.
It's looking pretty tragic right now for Brazil and the Rio Olympics. They had a good run when their minerals were high but the commodities fall caused the Brazil economy to stat crashing. They'll be fine in the long run but zika is a real issue that needs to be addressed. I personally wouldn't go because of zika and the general crime issue in Rio...those are long term problems.
I don't understand all of these knocks against the country of Brazil, unless of course people are just ignorant about how foreign countries are organized. The OP is correct in that Rio, specifically the Governor of the State of Rio de Janeiro, has declared a financial emergency in advance of the Olympic Games. What most of the respondents don't seem to understand is that this is no different than say the Governor of Florida or Louisiana or Texas declaring a state of emergency in order to receive federal assistance or money to assist with an extraordinary event. The Governor of Rio declared the state emergency as a device in order to free up (the equivalent of) $850 million in emergency government money.
Thanks for the reassurances. I'm glad that everything will be just fine.
(I think the Ruskies are lucky to have a excuse not to show.)
Without being propped up in one way or another (directly, lopsided trade agreements, etc.) Brazil is just another "BRIC" in the third-world wall.
Brazil is second world, not third world. They are a huge nation with an emerging economy. I own a couple of Brazilian manufactured items, a Stoeger shotgun and a Taurus .22 revolver. Their machine tool industry is just getting started. Their shining light is the agricultural sector. As they clear rain forest they have become a major player in world food production. Unfortunately, a drought this year has drastically cut their soybean production. The coastal sugarcane plantations are still doing fine.
Politically they are having the same problems that have plagued the USA for the last 7 years. Look at the weenie whining in American politics. Both the Trump supporters and the Sanders supporters are coming from the same place, a bunch of losers who are sure they have been cheated out of the utopia they deserve. They all want to blame someone else for the fact that they are failures. It's no different in Brazil.
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