Inflation 'solution' should help avoid Brazil default
Outright default is unlikely, though no growth, high inflation and the fiscal burden will limit rapid recovery hopes
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In this article
- Circumstantial factors
- Structural factors
- Pensions problems
- Tax troubles
- Debt profile
- Scenarios
- Lower spending and higher growth
- Default or renegotiation
- Higher inflation
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_350.jpg "The central bank in Brasilia (Reuters/Ueslei Marcelino)")