In the 1980s, Brazil went through a severe economic crisis to find a solution to its crisis. It went to borrow from the International Monetary Fund, believing that it is the solution to its economic crisis. Certainly, it applied a package of unjust conditions, which led to layoffs of millions of workers, reduced wages for the rest of the workers, canceled subsidies, and as a result >> the Brazilian economy collapsed
The matter reached the intervention of other countries in the internal policies of Brazil, and the World Bank imposed on the state to add to its constitution a set of articles, including the amendment of the minimum wages, which caused the internal political situation to ignite.
Despite Brazil's response to all conditions, the crisis has worsened more and more, and only 1% of Brazilians earn half of the national income. Millions of citizens fell below the poverty line, which prompted Brazilian leaders to borrow from the fund again at $ 5 billion, believing it was the way out of the crisis.
Things deteriorated further and Brazil became the most corrupt and expelled country for immigrants, and from the top around the world in the rate of crime, drug abuse and debt, the public debt has increased 9 times in just 12 years!
At the end of 2002, the International Monetary Fund threatened that it would declare Brazil bankruptcy if it did not pay the interest of the loans and refused to lend them any additional amounts. The currency collapsed, making the dollar equal to 11,000 Brazilian riyals. Literally the country was dying!
In 2003 Brazilians elected their president (Lula da Silva), who was poor, suffered hunger and injustice, and worked as a shoe scanner. The first thing that caught the judgment was everyone was afraid of it, and the businessmen expected that he would take their money, and the poor expected that he would steal in order to compensate for the deprivation .. but they were all wrong!
The first thing he received said his famous speech, "Austerity is not that the poorest of all, but is that the state dispenses with many luxuries to support the poor." His famous speech, "The IMF has never succeeded except in destroying countries" because it believes that many debts cause laziness and destruction. And he started to depend on his countrymen.
He put a new item in the state’s general budget called (direct social benefits) and its value is 0.5% of the national product of the state and is spent in direct financial salaries for poor families. It simply means replacing in-kind support with cash support. This support was paid to 11 million families, including 64 million Brazilians. The currency began to rise
The support was equivalent to $ 735 (about 13,000 Brazilian riyals per family per month). Of course, the important question is, where are all these amounts from? And Brazil is bankrupt? !! What is equal is that he raised the income taxes on everyone (except those who are supported by the benefits program). It means raising taxes on businessmen and wealthy groups of people
The most important question, and what was the reaction of businessmen to these measures? Imagine they were happy because he gave them great investment facilities, a mechanism to run and run their businesses, give land for free, facilitate licenses, and give loans with simple interest to help them open new markets.
In addition, the poor their income began to increase and increase the process of buying business products and doubled the volume of their sales, thus they did not see it as a tax, on the contrary, they paid taxes and considered them as fees for facilities and became more earning because of them.
After only 3 years, 2 million Brazilian immigrants and 1.5 million foreigners return to invest in life in Brazil. In 4 years, he paid off all the IMF debt. Imagine that the Brazilian bankruptcy fund borrowed 14 billion dollars from them during the 2008 global crisis, just 5 years after Lula da Silva’s rule.
President da Silva focused on four things. Industry, mining, agriculture and, without a doubt, education. Brazil reached the sixth richest country in the world in its last years of rule (2011) and became a manufacturer (the fleet of imperial aircraft made in Brazil). One of the pillars of the BRIC countries ...
These countries are Brazil, Russia, India and China, which were expected to be at the top of the list of the strongest economies in the world by 2030, but things have changed a lot. The Constitution in Brazil allows the President to have a maximum of two presidential terms and every 4-year term. 2011 The presidential term of President Lula Daselva has ended
After the end of my two terms in the rule of Lula in 2011 and after all these accomplishments that changed the reality of the state, the people asked him to continue and amend the constitution that prevented him from a third presidential term. He vehemently refused and said his famous word, "Brazil will spare a million lola, but it has one constitution." And he left the presidential office.
Brazil launched the first nuclear submarine (only 5 countries in the world manufacture nuclear submarines, which are America - Russia - China - Britain - France). The first Brazilian submarine was in cooperation with France. But it will launch the second submarine this year and the third in 2022, with pure Brazilian industry.
The advancement of underdevelopment is not impossible, but will and important to management. It can happen in a few years, and the method is known and defined. Industry, agriculture, attention to the poor and education. nothing else! Germany and Japan did in the 1960s East Asian countries in the 1980s Brazil in 2003 Ethiopia and Rwanda from 2015
Before the conclusion: The strange story of Lula Dasilpa is that he is now imprisoned for money laundering and bribes he obtained from OIS Construction in exchange for awarding projects to them from a local oil company in Brazil. He was sentenced to 12 years in prison in 2017 and in 2019 the period was reduced to 8 years and 10 months.
I hope I got the content in a good and useful way. Thanks from the heart for reading. Shaker support
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@raeibishah @AbdulazizKhabti I used to write porridge but after a conversation with someone he convinced me and changed it for a long time
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