“They’re all rotten,” Guedes says of The Economist – Economics.

Adriano Machado/Reuters - 25/10/2021

Dubai – Minister of Economy, Paulo GeddesShe said this Monday the fifteenth of the magazine The Economist “It’s all wrong” about the Brazilian government. In an article about the country, the English magazine said that the president Jair Bolsonaro that it ‘Harmful for Brazil’s economy’.

“They are all wrong about Brazil,” Guedes said during his visit to the Dubai Expo in the United Arab Emirates.

As for the minister, the publication has already published predictions that have been proven to be exaggerated by the International Monetary Fund, about the impact of the novel coronavirus on Economie Brazilian. “They said Brazil will drop by 10% (in the epidemic), goes down 4%, England will go down 4%, it goes down 10%. The economic driving predictions for the hole,” referring to the difference in gross domestic product from the two countries last year. Last year, Brazil’s GDP fell by 4% and for the United Kingdom by 9.79%.

The minister said the magazine should “look at its own secret”, regarding internal problems in England, such as meat shortages and queuing at gas stations. “The economic You should look a little at your navel, over there in England, and it’s in poor shape,” said Guedes. “And here for us, we do a much better job than them (Einglish). ”

For the publication, which is considered one of the most famous books on economics in the world and considered a reference in defense of economic liberalism, Guedes and Bolsonaro “lead the country not only to the return of financial smoothness, but also to the other economic ills that have punished Brazil: high inflation, high Interest rates, lower growth.”

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The article considers Guedes to support “a disguised attempt to circumvent the constitutional limit on public spending”.

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