Gc Jch 05may20

GEOPOLITICAL CORNER

Brazil: The Unspooling of Bolsonaro Begins

by John C. Hulsman

5 May 2020

In this paper we discuss:

• How Brazil’s president Jair Bolsonaro is going through a difficult period;
• Why his presidency may be haunted by three C’s (Competence, Competition, and Corruption);
• Bolsonaro’s Three B’s of Salvation (Beef, Bullets, and The Bible); and
• The macroeconomic and market implications of all the above.

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