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The week started with a tumble in the Brazilian real after Lula's surprise election victory. Francesco Pesole of ING says investors had heavily bid up the currency after Flavio Bolsonaro topped the first round of the polls, in anticipation of spending cuts ahead.
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The rich will punish the Brazilian people by currency manipulation and drive the economy down. Then they can say we told you so.
What’s Brazilian real?
Impossible any legal battle because the justice system is broken and totally controlled by a communist supreme court whose judges were mostly nominated by communist Lula