Sad that Brazil and Venezuela are failing so badly, but they voted for socialist governments. At least they got what they voted for.
The Olympics will turn things around, no country has ever lost money hosting the Olympics.
Quick. Get Pope Jorge on the phone and tell him that a Brazilian Brazilians are going to need a lift in his popemobile up to the U.S. border.
All committed by minors. In Brazil, in the rare occasions in which the bad guys are caught, they are often released because of overcrowded jails, among other factors. Moreover, people with less than 18 years of age cannot go to jail. Instead, they go to "social facilities" for "rehabilitation" for a few months, and get all records expunged when they turn 18. It is tragically common for minors to have 5+ passages in the police before they turn 18. One can easily find on Google news stories of minors with a history of 30+ passages (and no arrests).
http://www.liveleak.com/view?i=baa_1457062896
http://www.heritage.org/index/ranking
There is a good correlation between economic freedom and economic growth.
The US was always ranked in the top ten freest countries. Under Obama we've fallen to 11. We are in the "mostly free" category. (The top 5 are "free").
Brazil is ranked 122. It's in the "mostly unfree" category. Venezuela has earned a rank of 176. It's in the "repressed" category.
How can this be, shouldn’t all that government spending on world cup and olympic venues have stimulated the economy to record growth.
They believed Lula Desilvas lies and then Rouseffs. Same old fascination with socialist rubbish.
Brazil the country of the future...and will always be. - De Gaulle.