[ALL ABOUT SMALL CAPS STOCKS] We're releasing almost 4 HOURS of free content about the most promising stocks from the perspective of three big moneymakers with small caps. Get this combo here: https://lp.mmakers.com.br/small-caps-... Is Brazil doomed to repeat the same economic mistakes of the past? In episode 134 of Market Makers, we welcome Marcos Lisboa (PhD in Economics and president of Insper) to talk about the current Brazilian situation, in a chat for Insper's Finance Center where we analyze the Brazilian economic trajectory and discuss crucial topics such as the authoritarian tradition, legal uncertainty, and how this affects the country's economic growth. Lisboa exposes the challenge of public debt, the cyclical nature of crises in Brazil, and the role of left-wing and right-wing political actors, who often seem to be closer than we imagine. We also discuss Marcos Mendes' recent article, the return of corruption in the Brazilian scenario, and the constant struggle to avoid the traps of the past. What is really stopping Brazil from moving forward? And why do we have difficulty following successful international examples? Do you believe that Brazil still has a chance to change its economic destiny or are we stuck in a vicious and disastrous cycle? If you enjoyed the conversation, leave a like and subscribe to our channel so you don't miss any more discussions like this! 00:00:00 - Introduction 00:01:02 - Marcos Lisboa 00:03:28 - Discussion on PL 1725 00:04:58 - Analysis of the State and corruption 00:11:22 - Discussion on housing programs 00:18:39 - Analysis of the Minha Casa Minha Vida program 00:19:41 - Discussion on Brazil's fiscal framework 00:22:02 - Legal uncertainty and the cost of investing in Brazil 00:29:04 - Discussion on risk and capital management in Brazil 00:33:13 - Forecasts for the Brazilian economic cycle 00:38:35 - Discussion on the quality of public spending 00:41:20 - Analysis of the success of agribusiness in Brazil 00:44:01 - Discussion on the importance of productivity 00:49:48 - Opportunities and challenges in the interaction between different areas 00:55:00 - The importance of controlled innovation 00:57:26 - Legacy and lessons learned at Insper 01:06:42 - Reflections on public policy 01:08:09 - Perspectives for Brazil 01:11:36 - Criticism of the Brazilian elite 01:15:21 - Conclusion and acknowledgements Special thanks to: Vitor Silveira Cabana, Henrique Kenzo Ishizaki, Ricardo de Souza Coutinho, Felipe Keutenedjian Zimmermann, Arthur Doracio Rezende, Lorenzzo Orletti, João Pinheiro and Gabriel Crippa. - - - - - - - - - Why is Brazil DOOMED to an INFINITE cycle of CRISES? Market Makers #134 Presented by: Thiago Salomão (@_salomoney) and Arthur Doracio Rezende (President of the Finance Center at Insper) Guest: Marcos Lisboa, PhD in Economics and President of Insper Edited by: Bianca Barsotti and Lucas Zanardo