Brazil is COLLAPSING and it's Spreading to the Rest of the World

There's more to the Brazil story, especially since Brazil's story isn't strictly about Brazil. With markets there spiraling into chaos, the government is down to blaming 'speculators.' If that's the case, then speculation has gone global in a lot of critical ways. From currencies to job findings plunging, even something real like the Baltic Dry which is crashing now, too. Eurodollar University's Money & Macro AnalysisBloomberg Brazil Central Bank Rejects Doubts Over Power of Monetary Policyhttps://www.bloomberg.com/news/articles/2024-12-19/brazil-central-bank-rejects-doubts-over-monetary-policyBloomberg Brazil Traders ‘Sell First, Ask Later’ as Panic Hits Marketshttps://www.bloomberg.com/news/articles/2024-12-17/brazil-traders-sell-first-ask-later-as-panic-sweeps-marketsFT Warren Buffett's record cash pile is starting to make people nervoushttps://financialpost.com/financial-times/warren-buffett-cash-pile-investors-nervousBloomberg Brazil Finance Chief Says Real May Be Under ‘Speculative Attack’https://www.bloomberg.com/news/articles/2024-12-18/brazil-finance-chief-says-real-may-be-under-speculative-attackBloomberg Brazil Spends $17 Billion in Reserves to Lift Cratering Realhttps://www.bloomberg.com/news/articles/2024-12-20/central-bank-burns-17-billion-in-reserves-to-lift-brazil-s-realBloomberg Brazil’s Wealthy Lament Political Dysfunction as Fortunes Tumblehttps://www.bloomberg.com/news/articles/2024-12-20/brazil-s-richest-people-lament-political-dysfunction-as-fortunes-tumblehttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU