BRZ News
Subscribe

Search

2 results for “Brazilian families”

Brazil’s Paradox: Record Job Growth Masks Looming Consumer Credit Crisis
PROInvesting• Aug 17

Brazil’s Paradox: Record Job Growth Masks Looming Consumer Credit Crisis

Despite a historic low unemployment rate, record household debt and 64% interest rates are suffocating Brazilian families.

Brazil’s Paradox: Record Default Surges Despite Near-Historic Low Unemployment
PROInvesting• Aug 17

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.