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Tuesday 23 August 2011

I know what you did last summer

A sobering new chapter in Brazil's political and economic life is underway - and it's a far cry from the summery zeitgeist when I arrived here almost 10 months ago. On the one hand, I'm impressed that President Dilma Rousseff is trying to tackle Brazil's deep-rooted governmental corruption. On the other, if corruption is indeed integral to the country's psyche and foundations, the danger is that by kicking this prop away, the whole edifice will have to come crashing down before it can be rebuilt. With mounting macroeconomic problems, Brazil no longer has such a pleasant climate in which to get its house in order.

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