CLEAN : Brazil enters worst recession in 85 years (economist)

The video discusses the economic challenges faced due to a significant decline in investments, attributed to a lack of confidence among entrepreneurs amidst a turbulent political environment. It highlights the chronic mismanagement in political and economic spheres, leading to a deep recession, the worst in 85 years, with long-lasting effects on education, health, housing, and security. The economy is stagnant, with rising unemployment and high-interest rates, making credit inaccessible. The market is rigid, with stagnant wages and mass layoffs, particularly affecting sectors reliant on foreign currency.

What new insight or understanding did you gain from this video?