Submitted by DallasCCRN t3_yi4bg9 in wallstreetbets
insan1k t1_iuhf55r wrote
Damn, the cattle has come far to weep. Corruption aside when Lula was president, petrobras and the country itself had a high investment rating, everyone believed the word of ONE judge who then went to be Bolsonaro's minister of justice, then to campaign for Bolsonaro on the runoff election.
It's ridiculous to say that Lula will have a worse economic agenda then Bolsonaro, especially when you factor in the fact that when he arrived in the presidency for the first time in 2002 he was able to raise the interest rates and implement austere measures no conservative government had the political capital to do a the time.
Crying out for a coup is just a delusional and stupid idea. The military dictatorship in Brazil, a government without any checks and balances, was much more corrupt than any other in the history of Brazil, then again, I don't live there, I just pick the stocks man.
DallasCCRN OP t1_iuhl9y0 wrote
I didn’t say that Lula will have a worse economic agenda than Bolsonaro.
I also didn’t say that a military dictatorship was a good solution.
Saying the Brazilian economy will tumble does not mean I want it to tumble, nor does it mean I, myself, am a supporter of one candidate over the other.
insan1k t1_iuif990 wrote
Hey never claimed that, you in particular, were any of those things, but since you felt compelled to reply, there are a few things I would like to add.
A number of truckers on strike is in no way indicative of a imminent collapse of the supply chains, moreover dumb people chanting for a military dictatorship don't make one simply manifest, while you are right that Brazil has had a long history of authoritarian governments, the fact that is often missed in history however, is that the governments that achieved permanence by force in Brazil have some things in common:
- Massive support within the upper echelons of the military
- Support from external nation states
- Popular support.
Bolsonaro has little support with the high ranking officials of the army, his current vice president, could hold that prestige, but since he broke off with him and ran with a different less prestigious general as his vice-president this time around, we can scratch number 1 off the list.
With regards to support from external nation states, the only other world leader now willing to even meet with bolsonaro is Vladimir Putin, which for obvious reasons is not in a position to stage a coup in Brazil. The Americans hate the guy, especially in the Biden administration, since he decided to side with Trump when he was defeated.
Popular support, is up for debate, he might have that, based on the fact that he had 49% of the valid votes, how many of these voters would support a military dictatorship is unclear. Furthermore, it's an election with a high number abstentions, which make it even more ill defined.
If you look at Brazilian history, you can say for sure that so far, separatist movements have been dealt with in the most severe manner possible by the federal government, so far all of them have failed, so that would not be a concern for me.
DallasCCRN OP t1_iuiwn9n wrote
All great points. Well said.
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