To complete what was said in this post, the graph below shows the breakdown observed since mid-2013. The trend (in red) calculated on the period to peak of 2008 is not different from that which could be calculated over the entire period until 2012. In other words, the impact the 2008/2009 crisis was temporary and transitory on the behavior of the Brazilian economy
There is a real break since mid-2013. The point is just to show that there is certainly a change in regime for the Brazilian economy and the need to be attentive to this new trajectory: that was the subject of my post
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