How Brazil’s Middle Class Dream Became A Debt-Fuelled Nightmare

- How Brazil’s Middle Class Dream Became A Debt-Fuelled Nightmare (ZeroHedge, Oct 9, 2013): Quick: which BRIC nation has the highest consumer loan default rate? If you said China, India or Russia, you are wrong. Actually, if you said China you are probably right, but since absolutely all economic “data” in China is worthless, manipulated [...] continue reading world news