Brazil: No Vaccine, No Aid, Unemployment and Inflation – The Poor Man’s Fate in 2021?

Rising inflation and unemployment and spreading may create a political bomb that could explode at some point next year, principally in the hands of the most vulnerable, who guaranteed the President a surge in popularity during the pandemic because of the emergency aid.

RIO DE JANEIRO, BRAZIL - There will be two countries called Brazil in 2021: one that will smile relieved by the rebound of business sectors and another that will have to eat less and make do if it wants to survive.

Inflation should particularly impact this second group, which will no longer count on the support of emergency aid and will not benefit from the generation of jobs in sufficient number.

Moreover, due to the delay in the vaccination process and the lack of prospects to immunize the entire population, the coronavirus will continue to kill poor workers, who do not . . .

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