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200,000 Take To Brazil's Streets In Largest Protest In Two Decades

Tyler Durden's picture


It started off a simple protest in Sao Paulo as a demonstration by students against an increase in bus fares from R$3 to R$3.20, and then quickly morphed into general demonstration of discontent with the nation’s political classes on both sides of the spectrum involving over 200,000 across the country, with those marching on Monday holding placards decrying everything from the enormous sums spent on the World Cup to the treatment by police of protesters last week. It got to the point where protesters invaded and occupied, peacefully, the roof of the national Congress complex in Brasilia. Then things turned less peaceful when a breakaway group from the main rally in Rio de Janeiro attacked the state legislative assembly building and attempted to set it on fire.

From Reuters:

As many as 200,000 demonstrators marched through the streets of Brazil's biggest cities on Monday in a swelling wave of protest tapping into widespread anger at poor public services, police violence and government corruption.


The marches, organized mostly through snowballing social media campaigns, blocked streets and halted traffic in more than a half-dozen cities, including Sao Paulo, Rio de Janeiro, Belo Horizonte and Brasilia, where demonstrators climbed onto the roof of Brazil's Congress building and then stormed it.


Monday's demonstrations were the latest in a flurry of protests in the past two weeks that have added to growing unease over Brazil's sluggish economy, high inflation and a spurt in violent crime.


While most of the protests unfolded as a festive display of dissent, some demonstrators in Rio threw rocks at police, set fire to a parked car and vandalized the state assembly building. Vandals also destroyed property in the southern city of Porto Alegre.


Around the country, protesters waved Brazilian flags, dancing and chanting slogans such as "The people have awakened" and "Pardon the inconvenience, Brazil is changing."


The epicenter of Monday's march shifted from Sao Paulo, where some 65,000 people took to the streets late in the afternoon, to Rio. There, as protesters gathered throughout the evening, crowds ballooned to 100,000 people, local police said. At least 20,000 more gathered in Belo Horizonte.


The demonstrations are the first time that Brazilians, since a recent decade of steady economic growth, are collectively questioning the status quo.

Bloomberg added a geopolitical and economic twist to events:

Francisco Soares, a 32-year-old Brasilia electrician, felt good about life two years ago when he started commuting in his first car, blasting the music and passing packed buses. Since then, bills started piling up, the cost of living jumped and last week he had to sell his wheels.


After a decade that saw 40 million people rise from poverty, Brazil’s middle class finds itself squeezed by faster inflation, rising debt and a weaker currency. Consumers are spending less at supermarkets and hairdressers as the classic weekend event, a prime cut barbecue, becomes a stretch for some. Continuing a wave of protests sparked by an increase in bus fares, demonstrators surrounded Congress in Brasilia yesterday and set a car on fire in Rio de Janeiro as tens of thousands marched in major cities.


The emerging middle class was the engine of economic growth and made the developing nation one of the world’s top five markets for cars and mobile phones. It also helped the Workers’ Party win its third straight presidential election in 2010. Now, as the dream of a new car and a trip to Disney World fades for some, so does support for President Dilma Rousseff, who was jeered at a packed soccer stadium on June 15. Asked whether he would vote for her again, as he did in 2010, Soares said: “No way.”


“The golden days are over, the feel-good factor is lost,” said Renato Fragelli, economics professor at the Fundacao Getulio Vargas, a business think tank in Rio de Janeiro. “It’s not that the middle class is disappearing but there’s been a setback, people feel they’re getting less for their money.”

Is Brazil be returning to a time of political instability driven by a relapse in the wealth effect:

After Latin America’s biggest economy expanded less than economists forecast for the past five quarters and inflation accelerated, the approval rating of Rousseff’s government fell eight percentage points in June from March, the first drop since she took office in January 2011, according to a Datafolha opinion survey published June 9. The poll interviewed 3,758 people June 6-7 and had a margin of error of plus or minus two percentage points.


Still, at 57 percent, Rousseff’s government support is 10 percentage points higher than in March 2011, according to Datafolha. The 65-year-old Rousseff remains the favorite to win the October 2014 presidential race, commanding 49 percent of voter intention, according to Datafolha. Marina Silva, a former environment minister who finished third in the 2010 presidential race, ranked second with 14 percent, while Aecio Neves, the candidate of the main opposition party, ranked third with 12 percent of voter intention.

And without the marginal pull from China, whose growth trajectory is now aggressively tapering, which in turn is wreaking havoc on emerging markets (one look at their stock market performance YTD should explain it), are photos such as the ones below from Brazil overnight set to become a daily staple, and to be added to the roster of civilian disobedience from such developed world countries as Greece and Turkey.

Photos: Reuters, AFP


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Tue, 06/18/2013 - 09:08 | 3667512 GetZeeGold
GetZeeGold's picture



What the hell is everyone bitchin about over there.....they've got a pretty progressive government.


Most American's know the government is out to get us. You don't see us acting like least not yet anyway.

POLL: Nearly half now believe IRS scandal leads to White House...


Tue, 06/18/2013 - 09:08 | 3667540 reload
reload's picture

Its what happens when .gov does not effectively monitor all communications made by every citizen. Carefully control every news story and directly feed half the population. -- ok only joking.

Tue, 06/18/2013 - 09:13 | 3667556 knukles
knukles's picture

Don't worry be happy.
New orders for riot gear will push the S&P 500 to all time heights



Tue, 06/18/2013 - 09:19 | 3667582 MillionDollarBonus_
MillionDollarBonus_'s picture

The progrEssive rEvolution is spreading. The people have had enough of deregulated, lazare fare capitalism and its enrichment of the 1% at the expense of the 99%. And this is no ordinary revolution. This time, it's trendy. Young people all over the world are joining the fight agains corporations and capitalism. Uptight rednecks and bitter, twisted ZHers better get with it or get out of the way, because this movement is ONLY getting bigger.

Tue, 06/18/2013 - 09:23 | 3667594 greatbeard
greatbeard's picture

>> The people have had enough of deregulated, lazare fare capitalism and its enrichment of the 1%

>>bitter, twisted ZHers better get with it or get4

What precisely, other than the enrichment of the 1%, do you suppose those ZHers are bitter and twisted about?

Tue, 06/18/2013 - 09:30 | 3667623 otto skorzeny
otto skorzeny's picture

easy there newbie- MDB is yanking your chain.

Tue, 06/18/2013 - 09:35 | 3667640 MagicHandPuppet
MagicHandPuppet's picture

I don't get it... Don't they have Dancing With The Stars down there?  And iPads?  Perhaps they need NFL, NBA... 'merican baseball... and more McDonnald's.  Oh... I know what could fix the problem.  They need Fluoride in the drinking water.  That will keep them nice and pliable - and more receptive to the TeeVee programing.


Tue, 06/18/2013 - 09:42 | 3667661 Doubleguns
Doubleguns's picture

Obviously their leaders are not as good at lying as ours. I think there is a good market down there for Pitchforks, rope and lanturns. 

Tue, 06/18/2013 - 14:23 | 3668979 Papasmurf
Papasmurf's picture

The have iPads, but they're iLocked.

Tue, 06/18/2013 - 09:27 | 3667613 GubbermintWorker
GubbermintWorker's picture

Young people aren't fighting against capitalism, they're pissed because they cannot find jobs.


Tue, 06/18/2013 - 09:37 | 3667645 GetZeeGold
GetZeeGold's picture



If they get rid of do they expect to get a job?

Tue, 06/18/2013 - 09:45 | 3667677 Agent P
Agent P's picture

Uncle Sugar will take care of them...and if it buys the votes, he'll also lower the bus fares.

Tue, 06/18/2013 - 09:50 | 3667705 john39
john39's picture

what is this thing you call capitalism? 

Tue, 06/18/2013 - 10:09 | 3667779 GubbermintWorker
GubbermintWorker's picture

Certainly not the fascist corporatism we have now.

Tue, 06/18/2013 - 09:44 | 3667646 MillionDollarBonus_
MillionDollarBonus_'s picture

Yes, they are angry and they want the government to start helping out with more regulations and programs to help the needy. This is the rEvolution is going global, and there's nothing libertarians can do to stop it. 

Tue, 06/18/2013 - 10:19 | 3667829 Urban Redneck
Urban Redneck's picture

You apparently don't know shit about Brazil.

Tue, 06/18/2013 - 10:24 | 3667871 JonNadler
JonNadler's picture

just Brazil? Obviously you're not acquainted with MDB 


Anyway just wait to see what happens if they don't win the world cup next year


Tue, 06/18/2013 - 10:53 | 3668050 Milestones
Milestones's picture

Have an inlaw from Rio here in Colorado now. According to her much of the problem is the huge sums of $$ being spent on stadiums for the world games and tickets so high the average Brasilian cannot afford them. Then of course there is the $$ being spent for the 1916 Oly games in Rio also. This city has monster problems now and comming soon.       Milestones

Tue, 06/18/2013 - 12:44 | 3668491 Manthong
Manthong's picture

Not to worry.. The world is in knowledgeable and capable political and Central Bank hands.... Brazil and the rest of the world will be in much better shape in time for the 2016 Rio Olympics.

..and it’s probably a good thing Obama was not successful at getting that kind if stimulus to get to Chicago otherwise there would be blood in the streets.

Tue, 06/18/2013 - 13:11 | 3668702 Cathartes Aura
Cathartes Aura's picture

can't be messin' with the footie games, and the "classic weekend event, a prime cut BBQ" - or there will be blood!

Tue, 06/18/2013 - 09:43 | 3667664 Sauk Leader
Sauk Leader's picture

"Another example of when freedom is not a good thing is "freedom of assmembly". When you have freedom of assembly you get rackets like the 'Tea Party' and 'OWS' protests, blocking the streets, occupying media time and costing the government valuable resources that would otherwise be put to productive use. As much as I wish it were, the world isn't as simple as libertarians make it out to be."

Can you guess who said that? Its not Jack Handy

Tue, 06/18/2013 - 13:30 | 3668768 thisandthat
thisandthat's picture

For once, you may actually be right...

Tue, 06/18/2013 - 13:33 | 3668776 twh99
twh99's picture

I think Brazil is the furthest from you what you describe.  They are a socialist type goverment.

Tue, 06/18/2013 - 09:24 | 3667599 SamAdams
SamAdams's picture

It is and has been here, they just didn't publish.  Good news, it is coming again and will be so big, the Jnews will look like slow morons when everyone else has already published the scoop.  Don't we need another war?

Tue, 06/18/2013 - 09:13 | 3667557 machineh
machineh's picture

'Progressive' -- HA HA HA!

That's what Diane Feinstein and Nancy Pelosi call themselves.

Tue, 06/18/2013 - 09:17 | 3667577 GetZeeGold
GetZeeGold's picture



It's what McCain and Graham hopes no one ever figures out.

Tue, 06/18/2013 - 09:25 | 3667604 SamAdams
SamAdams's picture

Only the NSA knows what McCain and Miss Lindsey hope we never find out...

Tue, 06/18/2013 - 09:15 | 3667569 firstdivision
firstdivision's picture

I had Progressive Insurance, and the only thing that "progressed" were my premiums, much like Progressive Governments and taxes.

Tue, 06/18/2013 - 09:28 | 3667617 CheapBastard
CheapBastard's picture

Try AAA...they're cheaper then Geico or Progressive I found....service so-so but much cheaper...

...and as you know,

I'm a Cheap Bastard.

Tue, 06/18/2013 - 09:48 | 3667692 Agent P
Agent P's picture

Flo demands a big nut.

Tue, 06/18/2013 - 11:13 | 3667589 nonclaim
nonclaim's picture

"they've got a pretty progressive government"

For a while the handouts were enough to appease the poor and buy enough votes for reelection. Problem is corruption in all three branches of government got to unbelievable levels, plain theft in broad daylight.

Public infrastructure is falling apart despite huge investments in... propaganda.

Anyway, funny thing it started as a hard left attempt to further the socialist agenda. It got out of their control as now the population is genuinely venting out.

Tue, 06/18/2013 - 09:27 | 3667609 madbraz
madbraz's picture

Sure, you ride 2 hours to get to work on a crammed bus or train, standing, then ride it again for another 2 hours on the way back, every day of your working life.  You take your kid to the public hospital and stay in line for 6 to 12 hours until a doctor sees you, and then you might get a table bed on the corridor.  All this while corrupt politicians work 3 to 4 days a week and get rich from kickbacks to construction companies that build $USD 1 billion soccer stadiums that were supposed to cost half that, with taxpayer money and in cities were they don't even have soccer teams to use the stadium.  


In Brazil people have a pulse.  Here, we don't.  In Brazil people now it is corrupt and get upset.  Here, it is corrupt and most of us don't give a damm.


I am so f$%^& disappointed in this country and the turds that are running it to the ground.



Tue, 06/18/2013 - 09:41 | 3667656 madbraz
madbraz's picture

Here the corruption is just not done in broad daylight.  It's done in futures markets, in derivatives, in every financial instrument available.  It's done in HFT, which (GASP!) has not been outlawed despite being the most obviously criminal frontrunning activity ever concocted, one that would make casinos and horseracing bookies look like nuns in comparison.  It's done by electing a puppet president, molded into form in a 5-10 year effort by Bob Rubin and the gang, and then allowing the worst gangsters possible to take control of all key positions that may aid in their objectives - the Justice Department, the BLS, the Census, the media outlets.  It's done by allowing stock bourses to purchase companies that publish "confidence indicators" while having agreements with HFT that complete a triunvirate of market manipulation:   Confidence data surprise - HFT frontrunning - stock exchange kickback programs to HFT.


As long as this idiotic illusion of wealth called the stock market is going up, all means available are valid for these people.  Until everyone starts selling...

Tue, 06/18/2013 - 14:23 | 3668975 Winston Smith 2009
Winston Smith 2009's picture

"In Brazil people have a pulse.  Here, we don't.  In Brazil people now it is corrupt and get upset.  Here, it is corrupt and most of us don't give a damm."

That's because we're one of the wealthiest banana republics where the skimming is less noticeable to the typically inattentive (to be polite) citizenry.  I've suspected that for decades and have become absolutelty certain about it since 2008.

Wed, 06/19/2013 - 09:55 | 3671136 e-recep
e-recep's picture

thanks for the update. in turkey it's the same shit. news says people are against fascism but deep down it's the high living cost and the ultra-high youth unemployment that move the masses to the streets.

Tue, 06/18/2013 - 09:29 | 3667620 Gypsyducks
Gypsyducks's picture

If one prefers football to education, healthcare, or infrastructure things are great.

Tue, 06/18/2013 - 12:08 | 3667707 JOYFUL
JOYFUL's picture

What the hell is everyone bitchin about over there.....they've got a pretty progressive government...

if you hadn't forgotten the sarc\ tag, you're comment woulda been odds on favorite for best of the day. But maybe we can still make something of it...

since everything is upside\down, turned around... a funhouse of distorted presentation of ir-reality... re-reality... hyper-reality... it only makes sense that a one time 'guerrilla girl' is leading the South American country of Brazil... and that 'progressive' leftist factions all over the world are now posing as 'responsible leaders' and pillars of something they call ...Democracy-lite... the preserve of en-lightened statist ghouls whose holier than thou interpretations of orthodoxy seen to always involve being in power to take money out of the pockets of the 'masses' and put it into those of the crony capitalists somehow always found at the sides of these plutocrats of the progressive mold... in the fungus amongst us... a parasitical power-grabbin caste ... which just like Beauchamps' famous discovery of pleomorphism*... morphs thru different stages... but always turns into the same evil thang - no matter the purported religion, ideology, enthicity or other cover story... it's one big global porcine picnic now... watched over by their policing partners with unlimited powers of supervision, interdiction, and control. It no wonder that these 'demonstrations' are breaking out in the outliers of empire... where the Monsanto\McDonaldisation of the peeple is just that little bit less advanced so as to give them a tiny bit of backbone ... we got fake populists... fake Moslems... fake terror events... but REAL TERRORISTS running governments everywhere!

but don't worry, Mr Talmudist Man Behind the Curtain... they'll be couch-potato marshmellows soon nuff too! CAUSE NOBODY SEEMS TO CARE TO CONNECT THE DOTS ... and see... either we rise collectively as individuals in solidarity with these other individuals against our collective STATES[and State...of indifference to our FATES]...

or go down one by one... into the maw of a global CIRCLE k HOLIDAY CAMP AND ABATTOIR. What's it gonna take peeple?

btw... "RESISTANCE" has a new sountrack! ...Sik Bakalim*... this is the [football club]song Istanbul moved to in the streets night after night... given over to the peeple by the football clubbers who came out in droves to marshall the crowds against the police... something they are experts in from many previous battles with the teargas ghouls. Can you imagine 'footballfans' at the heart of a popular and spontanteous uprising against the State anywhere in the fallen lands of the West?  Joke.

Sik Bakalim...roughly -Bring it on! Drop your helmets... drop your clubs\n shields... then let's see who wants to flee!

*pleomorphism was discarded by the scam 'scientific-ism' community in favor of Pasteurs' plagiaristic parody of empirically proven science.

Wed, 06/19/2013 - 01:28 | 3670510 CutOut
CutOut's picture


Why did HEART's posting frequency suddenly drop ?


HEART, your posting frequency has dropped substantially since being asked to explain your egregious Boston Marathon disinfo posts.
Is this a coincidence ?

We are still waiting for an explanation but you refuse to respond. Why ?

ZH readers are curious as to why HEART intentionally posts disinfo such as Boston bombing fake injuries / fake blood / crisis actors garbage which is 100% DISINFORMATION.
Boston bomb disinfo reposted again by heart #3616167

I have screen caps of your Boston bombing fake injuries / fake blood / crisis actors disinfo posts.


ZH is being targeted by FedGov spambots & human operatives saturating the comment sections with garbage and disinformation in addition to down voting certain posters.

They are not harmless trolls, they are professional operatives attempting to undermine and discredit ZH via multi nics & sock puppets.

Attacking this post by constant down voting speaks for itself: the shills exposed themselves.

Case closed.

Tue, 06/18/2013 - 11:53 | 3668319 Midasking
Midasking's picture

It is going to be exciting when in happens in the US of A.  LA riots will look like a Sunday picnic

Tue, 06/18/2013 - 09:01 | 3667515 Martin Silenus
Martin Silenus's picture

"Disobedience is the true foundation of liberty. The obedient must be slaves."

~ Henry David Thoreau 

Tue, 06/18/2013 - 09:07 | 3667535 jekyll island
jekyll island's picture

Love it.  The population is showing some backbone standing up to the gubmint.  What is going on in the US?  WHy, Occupy Wall Street of course.  Remember them?  I think they wanted the gubmint to take care of them cradle to grave.  

Tue, 06/18/2013 - 09:19 | 3667585 greatbeard
greatbeard's picture

>> WHy, Occupy Wall Street of course.  Remember them?  I think they wanted the gubmint to take care of them cradle to grave. 

At least occupy did something.  What did you do?  The police state came down hard on them and I'm sure you were cheering the whole way.  Nice job of gobbling up the government propaganda.

Tue, 06/18/2013 - 09:30 | 3667601 GetZeeGold
GetZeeGold's picture



Did the IRS do all they could to stifle Occupy Wall Street too?


Get the government and hippies out of the American people's face.....don't have much hope in either one of them.

I would point out much of our government is old hippies from the 60s......not working out that good.

Tue, 06/18/2013 - 10:48 | 3668020 greatbeard
greatbeard's picture

>> Did the IRS do all they could to stifle Occupy Wall Street too?

And that has what, exactly, to do with the whole situation?  Jerk your head out of your southern orifice and think for yourself for a change.  There is a common enemy and it's not your fellow low end citizens.  And while you're at it, jerk your nose out of corporate america's ass.

Tue, 06/18/2013 - 13:52 | 3668858 Harbanger
Harbanger's picture

The whole thing was orchestrated by the left.  Progressive Nanny Bloomberg even welcomed them there at first.  Problem was there were too many cameras and interviews which started making them look bad so it became counter productive.  That's when they where thrown out by the same people that invited them.

Wed, 06/19/2013 - 02:32 | 3670551 swiss chick
swiss chick's picture

Not everyone from the 60s were hippies, believe me...

Tue, 06/18/2013 - 09:27 | 3667612 SpiceMustFlow
SpiceMustFlow's picture

What did occupy accomplish besides shitting all over the ground and raping each other? Pointed out how useless we are as a fucking country? 

"Well you see maaan, it's like the corporations, they, you know, they're bad maaaaaaan. Capitalism root of all evil blablabla," fuck those assholes, should've been on capital hill, at pentagon and Eccles bldg. What happens when we have stupidity compounded over so many generations

Tue, 06/18/2013 - 09:32 | 3667628 greatbeard
greatbeard's picture

> > What did occupy accomplish besides shitting all over the ground and raping each other?

Propaganda sheeple whore.

Tue, 06/18/2013 - 09:36 | 3667641 SpiceMustFlow
SpiceMustFlow's picture

Idk, I've never raped anyone, and only shit on the ground when backpacking, but then I politely cover it up so as to not be consumed by the evil bear. Fucking bitch made motherfucker.

friendly reminder:

Mr. Schiff goes to OWS

Tue, 06/18/2013 - 11:09 | 3668136 Colonel Jessup
Colonel Jessup's picture

The answer is nothing - there were somen educated folks out there who were protesting in goiod faith, backed by some basic knowledge of how the system works and why it is destroying the futures - but most were absolutely clueless and were there for the free pot and sex with hippie chicks.

They were also infiltrated by Soros people who were paying professional protesters to organize the rabble. It might have started as an organic movement, but it certainly did not end that way.

Tue, 06/18/2013 - 14:24 | 3668981 Totentänzerlied
Totentänzerlied's picture

"It might have started as an organic movement, but it certainly did not end that way."

You've just described 99% of all political movements, ever.

Tue, 06/18/2013 - 09:32 | 3667630 GetZeeGold
GetZeeGold's picture



Pretty much every paycheck I've ever received has come from a corporation.

Tue, 06/18/2013 - 09:52 | 3667713 mess nonster
mess nonster's picture

You have my most profound sympathies.

Tue, 06/18/2013 - 10:08 | 3667776 GetZeeGold
GetZeeGold's picture



OK...but I'm still not going to lend you my car. Get a job and buy one yourself.

Tue, 06/18/2013 - 09:50 | 3667703 kridkrid
kridkrid's picture

my post below works as a response here as well. But I'll add, the picture that you have painted here is grossly inaccurate. And the imagery isn't your own... it's the very cliche programmed response used to marginalize and dehumanize anyone who opposes the financial system. They get people like you to carry their water. And it works.

Tue, 06/18/2013 - 10:36 | 3667941 Urban Redneck
Urban Redneck's picture

The left wing faggots of OWS stood just as silently as the right wing ones when while the State was picking on their perceived enemy, and unlike the right wing they didn't have the excuse of revenge.


Tue, 06/18/2013 - 13:40 | 3668812 jekyll island
jekyll island's picture



SInce you have only been a member of ZH for 9 days and 14 hours, I will let you in on few secrets.  First, this IS the lunatic fringe.  Second, Million Dollar Bonus is a fake troll, he's actually pretty funny, especially when yahoo's like you take the bait.  Third, the only thing we dislike more than government is people who expect the government to wipe their butts for them.  As for OWS, that was zeal without knowlege, how can you support people who don't even know why they are protesting?  What a fucking waste.  At least the Brazilians united around a central issue and showed their disapproval, even if some hooligans took advantage of the situation.  In time hopefully you will adapt to the culture. 

Tue, 06/18/2013 - 09:44 | 3667666 kridkrid
kridkrid's picture

oh, I don't think that's what OWS wanted, exactly. I think the movement started out as a general protest movement. Our minds are pushed into believing that there has to be some clearly defined agenda or list of demands. Since there wasn't any organized or consolidated message, our corporate media had an opportunity to "fill in the gaps". They did a great job of painting the protest as they wanted it painted; Ineffective, unorganized, and most importantly, set in opposition to the "tea party" crowd. Divide and conquer. It's critical that the real power in this country stay insulated. The false choice and false conflict created in the political system is the best and easiest way. But as that breaks down, they need to steer organic dissent into controllable "camps".

Tue, 06/18/2013 - 09:01 | 3667517 buzzsaw99
buzzsaw99's picture

the peasants are revolting

Tue, 06/18/2013 - 09:13 | 3667558 asscannon101
asscannon101's picture

"You're telling me? They stink on ice..."

Tue, 06/18/2013 - 09:21 | 3667592 Sauk Leader
Sauk Leader's picture

Brazilians revolting against hosting the World Cup. Holy Shit.

Tue, 06/18/2013 - 09:02 | 3667518 fonzannoon
fonzannoon's picture

"“It’s not that the middle class is disappearing but there’s been a setback"

Lucky bastards

Tue, 06/18/2013 - 09:14 | 3667561 jekyll island
jekyll island's picture

Perhaps Brazil's loose monetary policy has resulted in the protests from their population.  They cannot export inflation like the US.  If Brazil had any vision for the future, they would convert to a consumption economy, let their currentcy strengthen and become the lead economy in the Western hemisphere.  Think it will happen?  Me neither.  

Tue, 06/18/2013 - 09:26 | 3667603 Tsunami Wave
Tsunami Wave's picture

Brazil has been on the losing end of this global currency war so far, according to Jim Rickards and his book 'Currency Wars'. I suppose the only thing they can do is just cut their key interest rate or devalue their currency. I'm not sure why they haven't done either frankly.

Tue, 06/18/2013 - 09:29 | 3667622 fonzannoon
fonzannoon's picture

At some point Brazil, China and Russia will reject te dollar. Once they do, more will follow. Blowback is a bitch.

Tue, 06/18/2013 - 09:37 | 3667644 kito
kito's picture

WHEN FONZ???!!!! WHEN?????!!!!!! I CAN'T TAKE THIS ANYMORE!!!!!!!!!!!!!!!!!!!!

Tue, 06/18/2013 - 09:42 | 3667658 fonzannoon
fonzannoon's picture

If I had to take a guess I'd say jan 1st 2014 right after you tell me how great the sandwich was. The damn sandwich will probably cost me $30 by then.


Tue, 06/18/2013 - 10:10 | 3667783 Tsunami Wave
Tsunami Wave's picture

The only way the inflation, wages and morale will improve is by Brazil becoming a regional trading powerhouse and keep expanding in global manufacturing.... Let the Argentines and Urguyans just consume and recycle all those Reals back into Brazil in the form of bond-buying and being forced to trade in only that.

Tue, 06/18/2013 - 13:30 | 3668762 smacker
smacker's picture


Actually Brazil has raised its main interest rate (Selac?) recently to put pressure on inflation, which has been rising. And like the US/UK/EU, true inflation is far higher than governments claim. Their currency has been quite strong for several years due to USD & GBP central bank actions. The Real has weakened recently due to an obvious slowdown in their economy.

Tue, 06/18/2013 - 09:05 | 3667523 steelrules
steelrules's picture

To qoute Gerald Celente,

"When people have nothing left to lose, they lose it." 

Tue, 06/18/2013 - 09:04 | 3667525 JustObserving
JustObserving's picture

Spain, Portugal, Italy will be joining Brazil, Greece and Turkey soon enough. Luckily, Europe has fewer cars to burn now as car sales hit 20 year lows.

Tue, 06/18/2013 - 09:18 | 3667578 knukles
knukles's picture

And don't forget the summer celebrations of love, harmony and inclusiveness in the fully integrated French banlieues is just around the corner.


International solidarity celebration days of madness

Tue, 06/18/2013 - 09:30 | 3667618 Tsunami Wave
Tsunami Wave's picture

Welcome to the Summer of '13...... A Burning hot summer of passions, tensions, and broken glass. A summer where anything is possible.

Tue, 06/18/2013 - 09:21 | 3667591 Monedas
Monedas's picture

New Olympic Venue .... Marathon Cross Country Relay Rioting .... let the socialist shit games begin !

Tue, 06/18/2013 - 09:05 | 3667528 asteroids
asteroids's picture

There is a common theme here. Government policies and greed/corruption stupid bankers are destroying the middle class of take your pick (Brazil, Spain, Greece, Cyprus, Italy, ...)

Tue, 06/18/2013 - 09:07 | 3667532 steelrules
steelrules's picture

This is why DHS bought billions of hollow points, for when it comes to America.

Tue, 06/18/2013 - 09:41 | 3667655 GetZeeGold
GetZeeGold's picture



Don't forget about the 2700 tank might be the time to rethink term limits.

Tue, 06/18/2013 - 10:22 | 3667859 Zwelgje
Zwelgje's picture

pffff, nothing a RPG-7 can't solve.

Tue, 06/18/2013 - 09:08 | 3667536 fonzannoon
fonzannoon's picture

You missed "police violence".

Tue, 06/18/2013 - 09:10 | 3667533 samsara
samsara's picture

My idea of the Amish term SHUNNING the government is catching on.

Like the WHO said,

We're not gonna take it
Never did and never will
Don't want no religion
And as far as we can tell
We ain't gonna take you
Never did and never will
We're not gonna take you
We forsake you, gonna rape you
Let's forget you better still

----- from this morning's UrbanSurvival -----------------------

Silently Standing

Shunning arrives all over the news this morning. It's the new way of protesting government policies in Turkey and it's the kind of peaceful shunning by the people that can make governments nervous.


Tue, 06/18/2013 - 09:11 | 3667550 jimmytorpedo
jimmytorpedo's picture

Voting, protesting, revolution,....they get us nowhere.

The government will disappear with a yawn and a nap.

Tue, 06/18/2013 - 09:28 | 3667615 Ignatius
Ignatius's picture

Geez, I just figured out I'm Amish! (though I've suspected it for some time)

Tue, 06/18/2013 - 09:10 | 3667537 HardAssets
HardAssets's picture

When there are 200,000 protesting in D.C carrying copies of the U.S. Constitution, then you'll know that Americans have finally woken up.

Tue, 06/18/2013 - 09:12 | 3667553 samsara
samsara's picture

Hat Tip to LOLMAO500 for breaking the story on ZH in another thread.

Tue, 06/18/2013 - 13:36 | 3668795 Aurora Ex Machina
Aurora Ex Machina's picture

I think you're incorrect there, but it matters not.


You'll be wanting to look for my link to the Salad Uprising in posts about Turkey.

Tue, 06/18/2013 - 09:13 | 3667559 samsara
samsara's picture

Love the Second to Last picture.  Should be a Poster

Tue, 06/18/2013 - 09:14 | 3667560 autofixer
autofixer's picture

É o momento para o povo do ascensão EUA! (PRISM will like this one.)

Tue, 06/18/2013 - 09:13 | 3667562 otto skorzeny
otto skorzeny's picture

$30B on the World Cup?. When the assholes in govt/team owners here want to build a billion dollar new sports stadium they just shove it down our throats and raise taxes.

Tue, 06/18/2013 - 10:29 | 3667903 Treason Season
Treason Season's picture

Wrong! The voters in Washington state got up on their hind legs and paid for Paul Allen's very own toy football stadium.

Tue, 06/18/2013 - 09:14 | 3667563 youngman
youngman's picture

Wait until the World Cup hits and those costs....they will triple the price of a beer there and bus fairs....good luck if you can find one..they will all be contracted out to the games.....

Tue, 06/18/2013 - 09:23 | 3667595 1fortheroad
1fortheroad's picture

Bring money -Guns and lawyers, oh wait no guns allowed. Well bring lots of money. A average hotel will cost 500 fiat benake bucks a night, taxi if you can find one 100 bucks one way, come on down everybody. Should be a riot of fun.

Tue, 06/18/2013 - 09:14 | 3667564 monopoly
monopoly's picture

Make that 2 million marching. That is what we need to get the fat cats in Congress to take note. 

Tue, 06/18/2013 - 09:15 | 3667566 TLT
TLT's picture

The protests began because of the price of transportation, but is growing to something bigger. The media keeps saying that is only due to the transportation prices, but it's old news.

And it's not just students.

People in the world are tired of having to work to pay politicians salaries, corruption and so on.

Tue, 06/18/2013 - 09:14 | 3667567 greatbeard
greatbeard's picture

It is oddly fascinating how peoples minds and morals work differently.  Greed was really never a basis for my actions, afaict.  Yes I worked long and hard, but it was because I actually enjoyed it.  My biggest problem was when I made a certain amount of money, and it wasn't much by peer standards, I lost incentive to make any more.  I had all I needed to be happy, and enough to feed the ticks that make a habit of mooching off of producers. I always paid my people the best in the business and enjoyed watching them do well.  The last guy I worked for hated the fact that I made so much money.  I was commission based so the more I made the more he made, but he resented every commission check he ever cut to me.  The only reason I made so much was I was having a ball doing what I wanted to be doing (sailing) and that kind of exuberant  excitement sells product.

OTOH, I watch the upper end, financially, people, and greed is the driving force in their nature.  They have more than they or their heirs could ever hope to spend, yet they are insanely driven to keep amassing more, at the expense of people who are really scratching for basic survival goods.  They are so wrapped up in their sociopathic greed they can't seem to see, or care, that they are tearing the whole system down.  Sick, sick, fuckers, much the same as alcoholics.

Tue, 06/18/2013 - 09:16 | 3667573 Undecided
Undecided's picture

Order threw chaos anyone? Anarchy exactly where they want you....violance like this gives them an excuse. 

Tue, 06/18/2013 - 09:52 | 3667709 Rip van Wrinkle
Rip van Wrinkle's picture

It's the plan stupid.


Bottom up....


Top down.....


Inside out


Tue, 06/18/2013 - 09:18 | 3667580 asscannon101
asscannon101's picture

These folks are just in training for the 2016 Olympics. It could give the Javelin and Hammer events a whole new significance. Along with the Molotov Toss and synchronized waxing...

Tue, 06/18/2013 - 09:23 | 3667596 USisCorrupt
USisCorrupt's picture

The Bankers should be PROUD of their work!

Tue, 06/18/2013 - 09:24 | 3667598 lizzy36
lizzy36's picture

2010 GDP 7.5% to 2013 GDP at sub 1%.

At least they protest/demonstrate. Yanks just collect food stamps, diability and $100k in student loans.


Tue, 06/18/2013 - 09:27 | 3667611 autofixer
autofixer's picture

Well, we (Norte) Americans are sheeple.  Mutton anyone?

Tue, 06/18/2013 - 09:24 | 3667600 Monedas
Monedas's picture

All unintended consequences of Maynard Keynes'  "Magic Socialist Money Fountain"  !

Tue, 06/18/2013 - 09:25 | 3667602 lakecity55
lakecity55's picture

I'd like to see mcpain and miss graham running for their lives from pitchfork holding americans.

Tue, 06/18/2013 - 09:26 | 3667607 lizzy36
lizzy36's picture

2010 GDP 7.5% to 2013 GDP at sub 1%.

At least they protest/demonstrate. Yanks just collect food stamps, diability and $100k in student loans.


Tue, 06/18/2013 - 09:30 | 3667621 johny2
johny2's picture

"Permit me to issue and control the money of a nation and I care not who makes the laws." Mayer Amschel Rothschild, founder of the Rothschild international Banking Dynasty, 1790

"If that mischievous financial policy which had its origin in the North American Republic [debt-free money] should become indurated down to a fixture, then that government will furnish its own money without cost. It will pay off its debts and be without a debt to the International Bankers. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in the history of the civilized governments of the world. The brains and wealth of all countries will go to North America. That government must be destroyed or it will destroy every monarchy on the globe!" - Times of London newspaper, 1865


Tue, 06/18/2013 - 09:30 | 3667624 involuntarilybirthed
involuntarilybirthed's picture

Mass youth unemployment is a potential global WMD.  When you remove hope you remove caring.

Tue, 06/18/2013 - 09:32 | 3667625 ebworthen
ebworthen's picture

Too bad all those angry youth were 4,820 miles away from the heads of Lloyd Blankfein and Jamie Dimon, and the other banker squid.

Tue, 06/18/2013 - 10:42 | 3667988 greatbeard
greatbeard's picture

>> Too bad all those angry youth were 4,820 miles

Did you miss OWS?  Just in case you did, they were crushed by the police state and the whole thing was roundly cheered.  In the case of the US, divide and conquer is past tense.  The whole game was lost when the press was allowed to consolidate into a few corporate hands.

Tue, 06/18/2013 - 10:18 | 3667752 PTR
PTR's picture

The link was working last night:  It was a looping stream of video coverage from some of the protests.  


(If the link isn't working, my apologies. I'm just getting familiar with the posting functons.)


Tue, 06/18/2013 - 10:02 | 3667755 Skin666
Skin666's picture

TPTB are losing control... Fast...

Tue, 06/18/2013 - 10:23 | 3667866 venturen
venturen's picture

time to legalize drugs! That should put them back into a stupor. 

Tue, 06/18/2013 - 10:30 | 3667913 The Invisible Foot
The Invisible Foot's picture

Tie our wages to the money supply....

Tue, 06/18/2013 - 10:37 | 3667968 tip e. canoe
tip e. canoe's picture

when the Brasilians get out on the streets AGAINST anything futbol, you know shit's starting to get gnarly.

Tue, 06/18/2013 - 10:40 | 3667977 orangegeek
orangegeek's picture

Oh this has to be bullish - 200,000 in the streets and doing little but destroying property and setting fires.


Such boundless prosperity.

Tue, 06/18/2013 - 11:02 | 3668108 They trynna cat...
They trynna catch me ridin dirty's picture

Sounds like another 'protest of the black and brown masses for the right to multiply like rabbits and have the social costs paid for by productive whites.'

If I'm wrong on that please correct me.

Tue, 06/18/2013 - 11:36 | 3668267 smacker
smacker's picture


At the risk of being accused of generalising, you are not wrong.

More generally, Brazilians are being ripped off by high taxation (eg: 17% federal tax on food - Dilma Rousseff hasn't explained how that helps the poor) and high prices for everything. Wages less than half those in the West.

As more and more visit the West, they begin to see this.

Tue, 06/18/2013 - 13:35 | 3668785 They trynna cat...
They trynna catch me ridin dirty's picture

One of my good friends spent time in Brazil and he said that the food there was very cheap. Rent too.

The biggest problem he said he saw were the favelas, which were huge cesspools of crime and waste, requiring constant military police patrols to keep them from falling into anarchy.

Tue, 06/18/2013 - 14:49 | 3669059 smacker
smacker's picture

Agree with the favela problem, it has always been so. Home of the drug lords armed with heavy weapons including a few RPGs and grenades.

The cost of food nowadays is not cheap, although it can appear cheap/expensive depending on what exchange rate you get for your own currency. At current rates: USD1 = R$2, food is quite expensive for Americans, relative to back home. More important is that it is expensive for Brazilians who get far lower wages.
And they have CPI inflation around 10%.

That is my experience over 20+ years, most recently this year.

Wed, 06/19/2013 - 10:27 | 3671241 Vooter
Vooter's picture

Was he your source for the Brazilian birth-rate info? LOL...

Tue, 06/18/2013 - 11:57 | 3668327 Vooter
Vooter's picture

Don't let the facts get in your way...

"Brazil’s declining fertility rate has been particularly fascinating for demographers. This is a country of continental proportions whose population is an ethnic stew of almost 200 million. There is also a great gap between rich and poor, although millions have joined the middle class during Brazil’s recent economic expansion.

"The country’s fertility rate has fallen from 6.15 children per woman in 1960 to less than 1.9 today. That is a lower rate than in any other Latin American country except Cuba, which has state-sponsored family planning and legalized abortion. It is also lower than the rate for the United States, which at 2 per woman is just enough for the population to replace itself.

"Demographers were astonished that Brazil’s fertility rate fell almost uniformly from cosmopolitan Sao Paulo, with its tiny apartments and go-go economy, to Amazonian villages and the vast central farming belt. 'Brazil started coming down and had this big drop that amazed everybody, everywhere,' said Suzana Cavenaghi, a Brazilian census bureau demographer. 'We wouldn’t expect that in a country that’s so diverse, with a lot of poverty in so many places and so unequal, economically speaking.'"

Tue, 06/18/2013 - 13:44 | 3668831 They trynna cat...
They trynna catch me ridin dirty's picture

Looks to me like the favelas are still pumping out kids fast as ever. Why wouldn't they? Outnumbering productive Brazilians just the same as is happening around the world.

But hey, "don't let the facts get in your way.."

Wed, 06/19/2013 - 10:25 | 3671236 Vooter
Vooter's picture

"Looks to me like the favelas are still pumping out kids fast as ever."

So wait, let me get this straight--you were presented with facts about the birth rate in Brazil, but you chose to ignore them because it "looks" to you (are you in Brazil, or on a high mountain somewhere with a powerful telescope?) like the Brazilian birth rate is still high? LOL...I don't get it. Are you just stupid? It's okay if you are--it would actually explain everything--but if I knew that ahead of time I wouldn't have to waste my time with all this typing...

Tue, 06/18/2013 - 12:13 | 3668423 Paracelsus
Paracelsus's picture

Riots in Brasil and Istanbul. Gotta be a rock song in their somewheres. Is this where Arab Spring becomes Latin America Spring?  US exporting inflation all these years,whodathought? Perhaps they found out their pensions were plowed into JGB's and Detroit bonds?

My nephew spent a month in Brasil and didn't want to come home.Said the women were hot. "How hot?","Hot"....

Tue, 06/18/2013 - 12:35 | 3668554 Midasking
Midasking's picture

Serious question.. why do you think people all around the world put up with government nonsense?... is it just psycological and that is the way humans are or can they be educated to think more in terms of liberty?  I think it is just the way many humans are and it is pointless to think one can change it.

Tue, 06/18/2013 - 12:37 | 3668566 AgLand
AgLand's picture

Os brasileiros não gostam inflacion. A gente nus EEUU tomamos inflacion como 'sheeple'.

Tue, 06/18/2013 - 14:33 | 3669013 Totentänzerlied
Totentänzerlied's picture

Apparently it's not uncommon for consumer goods to have a 50% tax rate, in Brazil. Supposedly it's cheaper for them to fly to Miami and shop for clothes, than to just buy them in Brazil. Meanwhile, their public services really are shit.

Problem as always is that protesters don't see the connection between the fact that these services are public and the fact that they're awful and totally corrupt - they just want a quick fix.

So they'll get empty promises and symbolic gestures, and go back to being good tax-slaves.

Tue, 06/18/2013 - 16:14 | 3669275 ajax
ajax's picture



Sorry Toten but I must disagree with your "Problem as always is that protesters don't see the connection between the fact that these services are public and the fact that they're awful and totally corrupt - they just want a quick fix." From all the articles I've read across the Press,  Brazilian Protesters do indeed understand just exactly to what extent their system is utterly corrupt and they also understand just exactly WHO THE MOST CORRUPT ARE. The Protestors are NOT looking for "a quick fix". The Brazilians are SICK of their entrenched "1%" skimming off the top and leaving the average citizen with utter shit to live with...these protests were not "student" protests - that much is perfectly clear. I know people there but they are people I want nothing to do with, idle rich poseurs who have always profitted off the badly paid labour and genuine sweat of others and I say FUCK THEM and furthermore and so on and I hope there are more and even bigger demonstrations coming in Brazil. Like the banner says: FUCK FOOTBALL. Bread and Asshole Circusses won't fix it any longer.

Tue, 06/18/2013 - 21:14 | 3670012 moonstears
moonstears's picture

So the money masters priced the average Brazilians out of the sporting event(WC soccer) meant to placate the poverty striken masses?? What utter dipshits! So money no makee you smart, I guess? You go Brazilians!!

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