Opinion, by Michael Royster
RIO DE JANEIRO, BRAZIL - “Quanto pior, melhor” has been a catch phrase for PSDB and other opposition parties in recent months, as they attempt to push Dilma out of the Presidency. The first week in March seemed to prove they were right, at least as far as the currency is concerned.
In February, the U.S. dollar stayed at or around R$4.00 for official exchanges, but . . .