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The Death of the Brazilian Middle Class
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1 Articles
Allan Gallo* In recent decades, the combination of wage stagnation and corrosive inflation has turned what seemed to be social rise in optical illusion. Between 2010 and 2025, prices in the country have advanced more than 140%. This means that, 15 years ago, R$ 5 billion needed R$ 12.4 billion, today, to maintain the standard. As the majority still receiving values near 2010, the sense of progress has become awareness, cuts of consumption and im…
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