As Olympics Looms, Governor Warns Rio Is "Close To Social Collapse"

Tyler Durden's picture

With feces-infested waterways, Zika-carrying mosquitoes, a collapsing economy, and political corruption that runs from top to bottom, Brazil is in trouble. All that excludes now impeached president Dilma Rousseff who refuses to step down, which has cast the country in political limbo.

But just a few short weeks ahead of The Olympics, the people are revolting as Sao Paulo state governor Geraldo Alckmin warns "Rio de Janeiro is close to social collapse" after state payments to retirees have not been made. Of course, none of this matters as long as Ibovespa is soaring and Real is strengthening:

  • *RIO DE JANEIRO STATE CHIEF OF STAFF LEONARDO ESPINDOLA SPEAKS
  • *ESPINDOLA:RIO DE JANEIRO HASN'T MADE MARCH PAYMENTS TO RETIREES

To which Governor Alckmin adds:

  • *BRAZIL'S RIO DE JANEIRO 'CLOSE TO SOCIAL COLLAPSE': OFFICIAL
  • *BRAZIL'S RIO DE JANEIRO STATE OWES BRL52B: OFFICIAL
  • *BRAZI'S SAO PAULO STATE OWES BRL224B: GOVERNOR ALCKMIN

Which does not look like being solved any time soon:

  • *BARBOSA: BRAZIL FED. GOVT HAS TROUBLE MEETING FISCAL GOAL
  • *BARBOSA: FED. GOVT. IS AWARE, CONCERNED ABOUT STATE SITUATION

Which seems like exactly what you want to hear to buy the effing dip in Ibovespa:

 

Still on the bright side...

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Aubiekong's picture

Anybody who travels to Brazil in this mess is a real idiot. 

NoDebt's picture

Can we just stop with the fucking Olympics already?  They're worthless.  Everywhere that holds an Olympic Games collapses within a year or two anyway, so why would you even want that shit show in your country?

(And no, it wasn't by accident that I chose the phrase 'shit show' in this case.)

Supernova Born's picture

Obama welcomes Brazilians who seek a better-funded socialist state.

Obama and Co. print more every day for those desiring .gov freebies.

 

MillionDollarBonus_'s picture

We need to use the Olympics to unify Brazil and the world. The benefits of the Greek Olympic games offset much of the trouble in the Greek economy and as a result their economic downturn was relatively short lived. Hopefully the Olympic games will do the same for Brazil, and at the same time bring the world's attention to issues that transcend nationality, such as climate change and the refugee crisis. This is a great opportunity to unify the world and remind us that we are citizens of earth, and we all bleed red. We need to stop seeing ourselves as Americans or Brazilians, and start seeing ourselves as human beings. Only then can we come together as one, and usher in a new world order.

WHY WE NEED TO LOWER THE VOTING AGE

fingulas's picture

These things just write themselves eh MDB?  LOL.

LowerSlowerDelaware_LSD's picture
LowerSlowerDelaware_LSD (not verified) fingulas Apr 19, 2016 10:28 AM

Most excellent job with the Brazil click-bait.  You guys were falling short earlier.

Manthong's picture

And to think that Dumbo Ears, the Wookie and Oprah the Hut personally offered the tranquility of Chicago to the Olympic Committee over the chaos of Rio...

http://crime.chicagotribune.com/chicago/shootings/

 

Oracle of Kypseli's picture

The Olympics used to be a noble amateur event which was turned into vulture business.

 

Greece should denounce the event and refuse to provide the flame.

eforce's picture

Socialism never ends well, the state will either return to an illiberal form or collapse.

The Saint's picture
The Saint (not verified) eforce Apr 19, 2016 11:21 AM

Will this be known as "The Summer Without An Olympics?"

Government needs you to pay taxes's picture

Bet that chick in the pic has a BIG OLE DICK!

ParkAveFlasher's picture

On second glance she does have shoulders like Karl Malone

Supernova Born's picture

Imodium has been removed from the banned substances list for the duration of the Rio games.

The_Juggernaut's picture

This is why the Olympics should only be held in civilized countries.

Ivanka2032's picture
Ivanka2032 (not verified) The_Juggernaut Apr 19, 2016 12:34 PM

Sure, Chicago, USA would have been much more civilized!

bobsmith5's picture

No, it's not a human being that writes such utter nonsense. And if it is a human being, the evidence clearly indicates it is one who is extremely psychotic.  If you see MDB as anything else it calls into question your own sanity.  But remember, you are not getting angry with a real person of flesh and blood.

What is good about MDB is that he inspires in you rational thinking in response.  He, or it, is so good at being opposite everything that most people believe on Zero Hedge that one is inspired by the brilliance of this crowd.

MDB is so evil that it makes you wonder if demons actually are for real.  If I were looking for proof MDB is where I would start my research.

Heterodox economics's picture

As a Chicagoan, I wish I could give your post 1,000 upvotes!

AZLagun's picture

Like the three summers that preceeded it. 

nakki's picture

It would seem monarchy, feudalism, fascism, crony capitalism, and communism doesn't work either.

Antifaschistische's picture

The Fascists have conquered the Olympics. They win. Use a bunch of kids, billions of taxpayer money, to promote everything from shoes to ping pong tables to sunglasses...and all the crap ads on TV. The Olympics is actually a diverse event with some pretty cool competitions but our TV coverage will ignore most of them.

oh...and by the way since it's vogue to pick on football head injuries now, why don't we bring up the thousands of young girls who are injured every year in gymnastics training facilities because their chief salesman (I mean coach) said they were an olympic hopeful and its imperative that they do their beam work, etc.. What these little girls are forced to do now to be "competitive" is absurd.

jus_lite_reading's picture

:)))))))    <--------- That's me LAUGHING MY ASS OFF AT BRAZIL.

More Ammo's picture

You forgot the white house back room muzzie bitch valerie jarrett and the land deal....

http://michellemalkin.com/2009/09/18/olympic-sized-boondoggle-what-valer...

 

Manthong's picture

Oh,no..

I did not forget the raison d’etre for a Chicago Olympics at all.

It's just that you gotta’ try and keep sarc short and simple if at all possible.

But thanks for bringing it up.

youngman's picture

I could not find it..but I think we have several years of articles for Brazil.....

Alpha Shark's picture

Hi youngman, if you add "nipple" behind the google search phrase you will see her halfway down.

 

:)

Traderone's picture

FINGULAS? I might be wrong here bro but the origin of your name is,,,?

bobsmith5's picture

No, it's not a human being that writes such utter nonsense. And if it is a human being, the evidence clearly indicates it is one who is extremely psychotic.  If you see MDB as anything else it calls into question your own sanity.  But remember, you are not getting angry with a real person of flesh and blood.

What is good about MDB is that he inspires in you rational thinking in response.  He, or it, is so good at being opposite everything that most people believe on Zero Hedge that one is inspired by the brilliance of this crowd.

MDB is so evil that it makes you wonder if demons actually are for real.  If I were looking for proof MDB is where I would start my research.

HughBriss's picture

The master has arrived!

 

 

+1

xavi1951's picture

If you are referencing MDB, you are a bigger idiot tha MDB. Sometimes I can't help but think that MDB is being sarcastic just to get the reaction and attention, but then I realize, there really are people with liberal mental illness, like Bernie, Hillary, GW and MDB.

NoDebt's picture

"The benefits of the Greek Olympic games offset much of the trouble in the Greek economy and as a result their economic downturn was relatively short lived"

Stop.  Please, stop.  I'm laughing so hard I can't breathe.

KnuckleDragger-X's picture

Pointing and laughing......

Mr. Universe's picture

It looks like the Greek taxpayers are getting some value out of their Olympic efforts.

Greek authorities on Thursday hastily reopened a derelict sports hall from the Athens 2004 Olympics to house hundreds of migrants who were sleeping on the streets of the capital. City buses took more than 400 mainly-Afghan migrants from central Victoria Square to the Galatsi indoor hall. A few days earlier, a similar operation ferried migrants to the Hellenikon hockey centre in southern Athens.

http://www.ekathimerini.com/202085/article/ekathimerini/news/derelict-gr...

Freddie's picture

Ha Ha..  MDB sounds like Professor Jeffrey Sachs (IMF and World Bank stooge) and slimeball Dr. Stiglitz getting bitch slapped by Hugh Hendry a few years ago.   They were claiming Greece was fine.

https://www.youtube.com/watch?v=3oZtPK6hqLU

 

https://www.youtube.com/watch?v=3oZtPK6hqLU

E.F. Mutton's picture

Now I just want to bust out in a chorus of "Kumbaya"

Or projectile vomit - tough call, that.

Jagov's picture

You know the satire is good when seasoned ZHers downvote. Bravo. 

Zero-Hegemon's picture

Rocking the counterpoint as usual, MDB_

Tallest Skil's picture

I don't normally say things like this, but please do just kill yourself. As painfully as possible. Universal franchise needs to be repealed.

silver sword's picture

If you like your new world order, you can keep your new world order, huh MDB?

Where have I heard that before . . .?

Everything you say makes it clear you are a commie and have no business living in what is left of Amerika.

Thanks for nuthin

bobsmith5's picture

No, it's not a human being that writes such utter nonsense. And if it is a human being, the evidence clearly indicates it is one who is extremely psychotic.  If you see MDB as anything else it calls into question your own sanity.  But remember, you are not getting angry with a real person of flesh and blood.

What is good about MDB is that he inspires in you rational thinking in response.  He, or it, is so good at being opposite everything that most people believe on Zero Hedge that one is inspired by the brilliance of this crowd.

MDB is so evil that it makes you wonder if demons actually are for real.  If I were looking for proof MDB is where I would start my research.

Fish Gone Bad's picture

we all bleed.

There, fixed it for 'ya.

JanaUsoFine's picture

MillionDollarBonus_ has to be Artificial Intelligence of some sort.  If not, a very interesting mind.  If it's AI, i'm going with that asshole Watson of IBM. The system that won Jeopardy a few years back.  

JanaUsoFine's picture

MillionDollarBonus_ has to be Artificial Intelligence of some sort.  If not, a very interesting mind.  If it's AI, i'm going with that asshole Watson of IBM. The system that won Jeopardy a few years back.  

hongdo's picture

Tired of your predictable drivel.  Either be funny, perceptive, caustic or something, but please not so boring.

Tulak's picture

and greed crony capitalism with fasisim GOP face what will desire?

krispkritter's picture

Let's take it back to where it started; open fields and everyone was naked.  Women's track events will be amazeballs...

KnuckleDragger-X's picture

Bring back 'real' amateur athletes and I might give a shit......

Bay Area Guy's picture

Agree 100%. And get rid of any "event" that requires judges.