Brazil's Real Problem Is Economics -- Not Graft

What on earth is going on in Brazil? Less than a year after impeaching one president for fiddling fiscal accounts, her successor is on the ropes amid allegations of graft. Dig a little deeper and the real problem is a recession deeper than any the country has ever experienced. With Brazil one of the world's 10 largest economies -- and Latin America's largest -- it matters beyond the nation's borders. Sao Paulo native Vivianne Rodrigues, who runs Latin American political news at Bloomberg, joins Dan and Scott to explain what gives. We also hear that the gas station in Brasilia at the center of the scandal doesn't actually have a car wash!

Om Podcasten

Will Covid-19 reshape the global economy or simply shrink it? What are nations doing to protect jobs and businesses from the fallout, and what will the long-term consequences be for labor markets, global supply chains and government finances? On Stephanomics, a podcast hosted by Bloomberg Economics head Stephanie Flanders—the former BBC economics editor and chief market strategist for Europe at JPMorgan Asset Management—we combine reports from Bloomberg journalists around the world and conversations with internationally respected experts on these and other issues to bring the global economy to life.