Dubai – Minister of Economy, Paulo geddesShe said this Monday fifteenth of the magazine The Economist “Everything is bad” about the Brazilian government. In an article on the country, the English magazine said that the president Jair Bolsonaro he “Harmful for the Brazilian economy”.

“They are all wrong about Brazil,” Guedes said during his visit to the Dubai Expo in the United Arab Emirates.

As for the minister, the publication has already published predictions that have proven to be exaggerated by the International Monetary Fund, on the impact of the new coronavirus on Economy Brazilian. “They said Brazil was going to drop 10% (in the epidemic), down 4%, England down 4%, it fell 10%. The economic driving predictions for the hole ‘, referring to the difference of gross domestic product of both countries last year. Last year, Brazil’s GDP fell by 4% and that of the UK by 9.79%.

The minister said the magazine should “examine its own secret”, regarding internal problems in England, such as meat shortages and queues at gas stations. “The economic You should be looking at your belly button down there in England a little bit and it’s in bad shape, ”Guedes said. “And here for us, we do a much better job than them (English). ”

For the publication, considered one of the most famous economics books in the world and considered a benchmark in the defense of economic liberalism, Guedes and Bolsonaro “are leading the country not only towards the return of financial softness, but also towards the other evils that have punished Brazil: high inflation, high interest rates, lower growth.

The article considers that Guedes supports “a disguised attempt to circumvent the constitutional limit on public spending”.