Opinion: Worse Before Better in Brazil

End of Brazil recession may be just around the corner; careful, you might get mugged.

Opinion by Jeb Blount

RIO DE JANEIRO, BRAZIL – There are growing signs Brazil’s worst recession in a decade may soon be officially over. Two years of rising unemployment and economic stagnation may be close to an end.

Go ahead. Take a minute to cheer, heave a sigh of relief or succumb to a fit of teary existential giggles. There’s light at the end of the tunnel, and it looks like you, me, Brazil will survive...

... Are you done? Do you feel better? I hope so, because your happiness and relief is almost certainly going to be short lived . . .

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