Brazil Economy in a bit of crisis

The communal expression that depicts the economic, political, and social degradation in Brazil can be captured as “a country helpless in the midst of a zombie apocalypse”. From the observation of things and the comments of the citizen of the Brazilian nation, it seems to be right that this imagery of horror and despair does justice to the Brazilian economic, social, and political atmosphere. In a constant-flowing pool of violence and corruption, the country seems to be drowning in its own helplessness. The situation got aggravated when thousands of wealthy citizens of the country were reported to have fled the country.

In an interview of one of the Brazilian elites in the person of Thiago Lacerda, a high-profile actor, The Wall Street Journal captured his words that went thus, “I’m totally freaked out by what’s been happening, especially here in Rio [Rio de Janeiro]”. The actor further expressed his sore displeasure on the Brazilian environment for rendering its inhabitants vulnerable to gunshots, and for this reason, posited his will to move his wife and three daughters out of a country devoid of all life-security.

Also, commenting on the frustration and hopelessness that now pervade the hearts of the Brazilian citizens, Naercio Menezes, a Sao Paulo Business school Director of the center for public policy at Insper stated that”The hope that Brazilians once had in their country has gone out of the window, and many people are now reaching the conclusion that things are unlikely to change in the next few years.”. The precarious state of the country is not a mere opinion of the minority, as many statistical studies affirm an increase in both the emigration and crime rates in the country. On the former which is emigration rate, a Brazilian polling agency Datafolh published that about 52 percent of the wealthiest Brazilians whose incomes go above $2,500 desired to leave the country and inclusive to this figure of emigrants are college graduates.

With a further study on the state of the nation, research shows that it is not only the case that citizens fleeing the country because of its failure in securing lives and properties and its failure in ensuring a solid economic foundation for its citizens but there are more reasons to the constant emigration. These reasons follow from infrastructural decadence and the inability of the authority to regulate prices of goods and services among many others. The despair of the citizens can be termed to be more profound as a public poll according to the statistical evaluation of Datafolha recorded that over 60 percent of the age grade 16-24-year-old also desired to leave the country. This desire may be traced to the frustration that is derived from high taxes and a stagnant economy.

An understanding of a data projected by the Brazilian Foreign Ministry also indicates that the United States has benefited significantly from the Brazilian experts than other countries. This is credited to the freedom of the pursuit of individual happiness, equality of all men, and the maximum security the United States guarantees its occupants among many other notions that ensure a prosperous living. Conclusively, it is understood that overwhelming numbers of the Brazilian citizens desire to leave Brazil in survival to a green pasture.