Guedes predicts victory for the right and says that ascension is the ‘spirit of the time’
Former Economy Minister, Paulo Guedes, predicts that the low growth of the Brazilian economy could help the opposition to beat the government of President Luiz Inácio Lula da Silva (PT) at the polls.
“When you spend more, you issue more currency, generate inflation, increase interest, reduce growth. Brazil will grow less and this will push (the electorate) to the other side”, defended Guedes during a lecture held on Thursday (9), at the Freedom Forum, in Porto Alegre.
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Guedes used José Antonio Kast’s recent victory in Chile as an example. “In the first round, Boric got 30%. In the second round, Boric got 30% again. It will happen the same here,” he predicted.
Jair Bolsonaro’s former minister blamed Lula’s management for low economic growth, saying he had delivered his accounts on time when he left office in December 2022.
“In the country where everything was tied up, they started to untie it and it started to grow. That’s why Brazil has immense potential. If you untie it, you can fly away, and that’s what we did,” he added.
When commenting on the international political scenario, Guedes stated that there is a rapprochement between liberal competitors in the economy, but conservatives in politics and culture. He stated that this combination reflects what he calls the “spirit of the time”.
