Kim Kataguiri: Not everything... It's in the Treasury, in the budget, some is credit, subsidy, public guarantee, there's stuff disguised there that only reduces credibility in the market.
Kim Kataguiri: The benefit, the feeling of well-being, arrives now, but the risk comes for the future.
It's as if the government were spending your money, your credit card, to the max and paying only the minimum on the bill.
Kim Kataguiri: It's obvious that at first you'll have a feeling of well-being, but next year the credit-card bill becomes unpayable.
Kim Kataguiri: For many years, the government blamed Roberto Campos Neto for the high interest rates.