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Tag Archives: Brazil Credit

Brazil’s Economy – On Borrowed Time

Brazil’s Economy – On Borrowed Time

  At a Foreign Policy Association event in April 2010, former Brazil Central Bank President Arminio Fraga gave a rather intoxicating assessment of global central bank stimulus efforts to stem economic crisis. Fraga asked each audience member to imagine a night when he or she may have gotten ridiculously drunk. A rather tiring, hungover morning […]

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