[alberich]

Get your facts right. The devaluation happened in 1999, a time when thinking that Lula would win an election was actually a joke.

If you go to BACEN you can look for yourself to get the historic data on inflation and SELIC interest rates. FHC was able to both have high interest rates, high inflation rate and a broken economy (or did you forget that brazil had to ask IMF for a huge money lend?)...

I don't know what you mean by a coupe... but it is well known that FHC paid congress men to pass the law allowing him to be re-elected. Curiosly, now they think re-election is bad... go figure.

[meira]

alberich, these kids debating politics today don't like to take leverage of internet to understand what really happened in their country. And then they come here to HN to say bad things about Brazil looking for "liberals" support. Silly boys.

[rbanffy]

It's depressing enough to see it on Facebook. Here it's unbearable. HN should be preserved as a place people discuss using facts.