Thursday, March 5, 2015

American dollar is getting more expensive

It's very unfortunate for all Brazilians, but due to the inflation in Brazil, now is much harder for us to convert our Brazilian dollars into American dollars. Meaning, our own money is Brazil has been devalued, a lot!

People in Brazil are still getting paid the same, however, they are not able to travel abroad because their money is worth less in other countries.

The typical Brazilian tourist that wants to visit Florida, will now wait for the dollar to go down, and who knows how long that will take. Years, maybe?

Most Brazilians blame the President Dilma, and also the government with its corruptions. I blame the whole system, and how poorly government works.

We live in a beautiful, amazing country, and I'm sure we could have better lives if only the government worked properly. By that I mean, NO CORRUPTION!

It's unfair how the money is distributed. Where the rich always get richer and the poor, unfortunately, gets even poorer. The differences are shocking and alarming!

2015 should be a difficult a year for Brazil, with less economic growth, tax increases, inflation, unemployment, and raise in gas, water and electricity.

How will Brazilians manage to survive another year?

I don't know. I'm in shock to know that the dollar is reaching 2,98 today! Dollar experts suggested the dollar reaching 2,90 by the end of 2015, and here we are, reaching almost 3 before April.

The international commerce has gone down severely because nobody can afford foreign goods.

However, with the inflation at its rise in Brazil, consumers are not willing to buy domestics products either.

We can only hope that this chaos will end.

(The WORST of all is that the President Dilma was re-elected last year, so we still need to wait 4 years to see a great change. Thanks for all that voted for her. YES, I'm being sarcastic!)




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