Economist Podcasts Cloud coup-coup land: riots in Brazil
Jan 9, 2023
In this insightful discussion, Sarah Maslin, The Economist's Brazil correspondent, sheds light on the recent riots in Brazil, drawing unsettling parallels to the U.S. Capitol insurrection. She explores the turbulent political climate and the implications for President Lula’s leadership. Simon Wright, the industry editor, analyzes the shocking decline in Tesla’s stock price and the challenges facing the electric vehicle giant amid rising competition and concerns surrounding Elon Musk's other ventures. The duo offers a sharp look into global events and market dynamics.
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Brazil's January 8th
- Supporters of Brazil's defeated president stormed government buildings, mirroring the US Capitol riot.
- This event, dubbed "Brazil's January 8th," involved attacks on police and ransacked institutions.
The Attack
- Bolsonaristas stormed Congress, the Supreme Court, and the presidential palace, causing damage and posting photos of their acts.
- They broke windows, damaged furniture, and even ripped a door off its hinges in the Supreme Court.
Police Response
- Police were passive, even taking selfies with protesters instead of stopping them.
- This delayed response raises questions about their handling of the situation.