Interesting times; in peace
From Crush the Street, by by Samuel Taube
Global Markets and Currency Trends Briefing.
This week saw a number of jarring changes on the world economic stage. Some should ultimately be good news for investors…
Others, not so much.
Brazilians said tchau to former President Dilma Rousseff… South Korea’s monolithic shipping firm Hanjin declared bankruptcy… and the Nigerian economy – the largest in Africa – took a turn for the worse.
The causes of all three events have been building for some time now. Let’s start with the scandal in Brazil…
Brazil Gets a New President, Impeaches Rousseff
You have to give the country credit. Brazil did an impressive job with the Olympics this summer, in spite of everyone’s doubts. But now the spotlight is off of them. And Brazilians are back to dealing with the political dysfunction that has plagued them for a generation.
Former President Dilma Rousseff was…
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