Visualizing Brazil's Economic Decline In One "Straight-Line" Chart
As we kick off the new year, there is perhaps no more tragic economic story than that of Brazil.
Once an EM darling, Latin America’s largest economy fell off the deep end in 2015 as a perfect storm of falling commodity prices, depressed demand from China, a soaring dollar, a devalued yuan, and an intractable political crisis plunged the country into what even the sellside has begun to acknowledge is an outright depression.