Renan Santos: Everyone knows the government won't be able in the long run to pay its expenses, because the debt keeps getting high.
Renan Santos: When that happens... interest rates go up.
And the interest the government charges, the famous Selic rate, it's bizarre.
Renan Santos: Brazil has one of the highest real interest rates in the world, if not the highest real interest rate in the world.
Renan Santos: Nothing compares to Brazil.