Renan Santos: When that happens... interest rates go up.
Renan Santos: And the interest the government charges, the famous Selic rate, it's bizarre.
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.
Renan Santos: And companies can't plan long term, sell products, take on debt to invest with interest rates like that.