Brazil is truly and deeply a crony economy. Red tape strangles everything. This has long been the case. However, since the socialists came in on the “Pink Tide” it’s just gotten worse.
But this is progress. There was no coup. The removal was constitutional. And Brazil’s young and very strong libertarian movement was key in this effort. Let’s hope that Brazil will continue to turn it’s back on crony capitalism/socialism in the weeks, months, and years ahead.