Big Hurt Coming For Brazil: Why Capitalist Countries Outside the Core Will Pay The Price for Trade Wars

Brazil is the largest economy in South America. Like most major countries outside both the Anglo-American empire and the Russia-China-Iran alternative, these trade wars will deeply affect their economies. Among other problems – as the Federal Reserve raises its interest rates, the cost of “servicing” the dollar debt will climb higher for Brazil. This blog post also discusses why Keynesian solutions for Brazil’s economy won’t work.