Why in the last couple of years is there suddenly destabilization in the political economy of South America? In the case of Brazil, the fall of commodity prices is definitely playing a part. Is there political corruption in Brazil? Maybe so. But there is political corruption everywhere and some political regimes survive anyway. However, there is reason to be suspicious beyond these causes. Brazil is part of an international alternative to the World Bank and the IMF. That alternative is BRICS. Two of these counties are not on good terms with “The Empire”: China and Russia. Now the biggest economy in South America has leaders fighting for their political lives. This articles connects these problems happening in Brazil to geopolitics.
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A woman shows poster written in Portuguese “There will not be a coup” next to a picture of Brazil’s President Dilma Rousseff, during a rally in her support and of former President Luiz Inacio Lula da Silva, in Brasilia, Brazil, Friday, March 18, 2016. Silva has been targeted in an alleged corruption investigation involving the Brazil oil giant Petrobras. (AP/Eraldo Peres)