Subscribe to CompoundLetter, the best-connected free newsletter in the financial market: https://lp.mmakers.com.br/newsletter_... We participated in a panel during an event organized by two institutions: Instituto de Formação de Líderes BH and Instituto de Formação de Líderes Jovem BH, where we brought together Ruy Alves (Portfolio Manager at Kinea Investimentos) and Gustavo Franco (member of the economic team responsible for the Plano Real) to talk about the present and future of the Brazilian economy and why it is still possible to be optimistic about Brazil. We delved into Brazil's complex fiscal issues and discussed how the economic legacy of the Plano Real transformed the country. We also talked about the reasons why Brazilian fiscal policy continues to be a major obstacle to economic development, and how high interest rates are related to the lack of a solid fiscal plan. Does Brazil only function under extreme crises? What are the solutions to the fiscal disorder we face? Join us to understand how the country can evolve economically and what is missing to have fiscal stability and sustainable growth. What do you think? Does Brazil need a new crisis to get its finances in order? If you enjoyed this debate, leave a like and subscribe to the channel so you don't miss any more important discussions about Brazil's economy! 00:00:00 - Introduction 00:03:46 - Gustavo Franco on the Real Plan 00:06:50 - Ruy Alves on the Real Plan 00:10:06 - Discussion on the Current Economic Situation 00:17:00 - Discussion on the Constitution and Public Budget 00:17:49 - Need for Budget Reform 00:19:18 - Discussion on Tax Increases 00:22:43 - Challenge of Mandatory Expenses 00:28:29 - Discussion on Interest Rates and Fiscal Policy 00:30:00 - Outlook for Brazil 00:35:01 - Crisis as a Driver of Change 00:36:52 - Gustavo Franco on the Current Situation in Brazil 00:37:36 - Discussion on the Current Government 00:41:42 - The Future of Brazil 00:44:44 - Analysis of the Brazilian Economy 00:48:21 - The Importance of Global Integration 00:48:32 - Conclusion and Future Perspectives 00:55:28 - The Economic Reality of Brazil 00:56:42 - Final Conclusions and Messages for the Audience - - - - - - - - Guest: Ruy Alves (Portfolio Manager at Kinea Investimentos) and Gustavo Franco (economist and former president of the Central Bank of Brazil) Presenter: Thiago Salomão (@_salomoney) Captured by: Studio 2 Ponto Zero (@studio2pontozero) #BRAZILIANECONOMY #BRAZIL #BRAZILIANFISCAL #BRAZILIANGOVERNMENT #INVESTMENTS #THIAGOSALOMAO #MARKETMAKERS