$BTC Have you ever thought about one thing?
Why are Europe and the Middle East always at war? Is it the
#Jihad , a pretty controversial topic, or is it political and financial interests?
👉🏻 While we here in Brazil, who are relatively peaceful and 'passive' due to the current government (which is unfortunately a disaster for the economy), always see the news in a rather distorted way.
❌ When someone drops a bomb or Israel attempts new strikes against Iran and Lebanon, which undoubtedly are strongholds of terrorist groups, our economy suffers in the short term. But why all this suffering, if we are peaceful and 'neutral'?
👍🏻 The answer is simple: it’s because unfortunately our economy depends on foreign capital to keep the stock market (B3) running, with the Ibovespa index being the main index in our country. We had a rally last year, sure, but looking openly at today's situation, much of it is due to the influx of foreign capital that came in because the stock was relatively 'cheap'.
🧠 Why am I talking about all these situations and why does the vast majority of people try to 'escape' to cryptocurrencies?
🔰 Future inflation index skyrocketing, we don’t know if the basic interest rate will be cut in the upcoming Copom meetings, many are talking about the risk of recession due to US foreign policy (which I reiterate, we are emerging countries that depend on foreign capital). We basically produce and export commodities (think raw stuff, unrefined), we have no tech sector (practically nonexistent), we have no AI sector, steelmaking is being crushed under new government policies.
Conclusion: what’s left for us Brazilians, average investors, without political maneuvering (I’m not against any politics, left or right) and without foreign capital flow?
PS: This leaves us at a crossroads that only time and daily, rewarded work (which unfortunately not everyone has in Brazil) will tell.