Return of Brazil's Lula 'Not Necessarily Bad' for Markets: Mobius

The transcript discusses the annulment of charges against Lula, paving the way for his return to politics. Despite some market concerns, Lula's previous tenure was marked by popular social programs that improved the lives of many Brazilians. The speaker believes Lula has learned from past corruption issues and is surprised by the market's negative reaction.

In what ways did Lula's presidency contribute to the happiness of the Brazilian people?

What lessons do you think Lula has learned regarding corruption?