I'll try to have something longer on this later, but in my view the deep causes of the impeachment are ultimately related to class warfare. The improvement in the minimum wage, and the share of wages in income, ultimately caused the reaction from the elites and a good chunk of the middle class.
"Our guys" are winning. And the real is up.
New York Times on the Brazilian coup... I mean impeachment
Matias Vernengo | Associate Professor of Economics, Bucknell University