Temer and his cabinet, who have been working towards the implementation of austerity measures in Brazil since they came to power, have proposed a constitutional amendment that will severely limit Brazil’s flexibility in government spending.The Minskys
Wednesday, November 16, 2016
Carlos Maciel — Brazil May Be About to Give Up its Financial Sovereingty
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"Brazil May Be About to Give Up its Financial Sovereingty"
To give away financial sovereingty is when a country cedes power to another country or organization. That's what happened in the EU, for example.
That's not what happened in Brazil. Although the blogger has a point, a false blog title is all I need to understand that he is not reliable.
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