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And here in Brazil, the money people had in the most popular kind of investment (carteira de poupança) was frozen for some time (https://en.wikipedia.org/wiki/P
by cesarb 11y ago
And here in Brazil, the money people had in the most popular kind of investment (carteira de poupança) was frozen for some time (https://en.wikipedia.org/wiki/Plano_Collor https://en.wikipedia.org/wiki/Plano_Collor). If you were counting on it to pay some debt (for instance, montly payments for your house or car), you now had a problem in your hands.