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Brazil’s Paradox: Record Default Surges Despite Near-Historic Low Unemployment
Brazilian family indebtedness hits a record 82%, with nearly 30% defaulting, as high Selic rates make credit costs incompatible with a low-unemployment economy.
Brazilian family indebtedness hits a record 82%, with nearly 30% defaulting, as high Selic rates make credit costs incompatible with a low-unemployment economy.
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