Brazil is a country that has its economic system in a terminal stage due to the vertiginous wave of mass unemployment and the widespread bankruptcy of companies aggravated by government measures that restrict economic activity to prevent the spread of the coronavirus that contribute to lead Brazil to depression economic which can cause a social upheaval unprecedented in the history of the country. This social upheaval will result from the worsening economic situation of the vast majority of the Brazilian population, especially the poorest. Hunger, which is present in the majority of the Brazilian population, tends to increase with the vertiginous retraction of economic activity resulting from the measures adopted by governments at all levels to combat the coronavirus.
Coronavirus leads Brazil to economic depression and social upheaval
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CORONAVIRUS AND ECONOMIC AND SOCIAL DEBACLE IN BRAZIL
Fernando Alcoforado*
Brazil is on the verge of bankruptcy because it is about to plunge into the most serious
economic crisis of the past 90 years. The bankruptcy and default of companies that are
currently registered aggravate the economic crisis in Brazil. Many small and medium-
sized companies, which closed their doors since 2015 with the restriction of credit and
the fall in demand, will likely go to bankrupt with government measures restricting
economic activity to prevent the spread of the coronavirus. In addition, several large
companies are also likely to go bankrupt with massive layoffs and rising defaults.
Many people in Brazil are indebted to banks (car and property financing), retail and
consumer accounts (electricity, water, telephone) in arrears. Mass unemployment
explains the increase in indebtedness among people in Brazil. The trend is that defaults
continue to rise among companies and among individuals as a result of the economic
recession that will be further aggravated by government measures restricting economic
activity to prevent the spread of the coronavirus. With the drop in sales and the increase
in unemployment there will be no change in this scenario of indebtedness of companies
and people.
Brazil is a country that has its economic system in a terminal stage due to the vertiginous
wave of mass unemployment and the widespread bankruptcy of companies aggravated
by government measures that restrict economic activity to prevent the spread of the
coronavirus that contribute to lead Brazil to depression economic which can cause a social
upheaval unprecedented in the history of the country. This social upheaval will result
from the worsening economic situation of the vast majority of the Brazilian population,
especially the poorest. Hunger, which is present in the majority of the Brazilian
population, tends to increase with the vertiginous retraction of economic activity resulting
from the measures adopted by governments at all levels to combat the coronavirus.
The Bolsonaro government's measures to help the most vulnerable populations and
maintain jobs with resources in the order of R$ 140 billion are palliative because they are
insufficient to meet the needs of the vast majority of the Brazilian population in the
current situation of the spread of the coronavirus. It will be very difficult for appropriate
measures to be adopted in Brazil to alleviate the situation of the poor, because the
financial situation of the federal government, state governments and city halls is already
being severely compromised by the sharp drop in tax revenues resulting from the
retraction of economic activity in Brazil. since 2015.
Unfortunately, everything that has just been described coincides with the existence of a
weak government under the incompetent direction of Jair Bolsonaro who does not have
the political leadership or the administrative capacity necessary to carry out the
transformations required for Brazil in the current term. The insufficiency of public
resources to face the current economic crisis aggravated by the coronavirus is added to
the existence of a government team unable to solve the country's gigantic problems.
To avoid the political, economic and social hecatomb that threatens Brazil, the union of
the Brazilian nation is urgent, not only in the fight against the coronavirus, but, above all,
around a common development project. Everything suggests that if Jair Bolsonaro is not
removed from power through impeachment for the countless crimes of responsibility that
he has been practicing systematically, Brazil could be the stage of social upheaval that
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could lead the country to a civil war never occurred in Brazil with unpredictable
consequences aggravated by the famine that will cause political and social violence to
reach alarming levels. It is necessary to consider that the hunger felt by the people was a
decisive factor for the outbreak of the French Revolution of 1789 and the Russian
Revolution of 1917. This is the risk that threatens Brazilian society. Therefore, Brazil is
experiencing decisive moments in its history.
* Fernando Alcoforado, 80, awarded the medal of Engineering Merit of the CONFEA / CREA System,
member of the Bahia Academy of Education, engineer and doctor in Territorial Planning and Regional
Development by the University of Barcelona, university professor and consultant in the areas of
strategic planning, business planning, regional planning and planning of energy systems, is author of the
books Globalização (Editora Nobel, São Paulo, 1997), De Collor a FHC- O Brasil e a Nova (Des)ordem
Mundial (Editora Nobel, São Paulo, 1998), Um Projeto para o Brasil (Editora Nobel, São Paulo, 2000), Os
condicionantes do desenvolvimento do Estado da Bahia (Tese de doutorado. Universidade de
Barcelona,http://www.tesisenred.net/handle/10803/1944, 2003), Globalização e Desenvolvimento (Editora
Nobel, São Paulo, 2006), Bahia- Desenvolvimento do Século XVI ao Século XX e Objetivos Estratégicos
na Era Contemporânea (EGBA, Salvador, 2008), The Necessary Conditions of the Economic and Social
Development- The Case of the State of Bahia (VDM Verlag Dr. Müller Aktiengesellschaft & Co. KG,
Saarbrücken, Germany, 2010), Aquecimento Global e Catástrofe Planetária (Viena- Editora e Gráfica,
Santa Cruz do Rio Pardo, São Paulo, 2010), Amazônia Sustentável- Para o progresso do Brasil e combate
ao aquecimento global (Viena- Editora e Gráfica, Santa Cruz do Rio Pardo, São Paulo, 2011), Os Fatores
Condicionantes do Desenvolvimento Econômico e Social (Editora CRV, Curitiba, 2012), Energia no
Mundo e no Brasil- Energia e Mudança Climática Catastrófica no Século XXI (Editora CRV, Curitiba,
2015), As Grandes Revoluções Científicas, Econômicas e Sociais que Mudaram o Mundo (Editora CRV,
Curitiba, 2016), A Invenção de um novo Brasil (Editora CRV, Curitiba, 2017), Esquerda x Direita e a sua
convergência (Associação Baiana de Imprensa, Salvador, 2018, em co-autoria) and Como inventar o futuro
para mudar o mundo (Editora CRV, Curitiba, 2019).