Brazil Economy Impacts

Imagine the beaches and rainforests of beautiful Brazil. The sounds of the waves and the peeps of the treefrogs. Lying on the beach with the sun shining down on your face eating the fresh fruits you had picked off the trees in your garden this morning. Now fast forward to 2009 when Brazil got chosen to host the 2016 summer Olympics. The economy was booming at this time. Fast forward again to the fall of 2016. The rainforests, beaches, and natural ecosystems have been destroyed from the constructions of the stadiums. The looks of Brazil are now stared at with fear because of the abandoned stadiums and graffiti. And last but not least, the economy has crashed and Brazil is left with huge amounts of debt. All of this could have been prevented

Greatly in terms of Brazil being left with huge amounts of debt and people being pushed out of their homes. In 2009 before Brazil had gotten chosen to host the 2016 summer Olympics, their economy was booming! Until, the stadiums started to go up one after another. “The Games begin in six weeks, but nobody is partying anymore. The economic — and social, and political — conditions facing Brazil and Rio have changed drastically.” This shows that many people are upset with what has happened to their country, nevermind their home. The games have impacted millions of people and families with numerous reasons on why. Also, believe it or not, 20 Olympic games have displaced 20 million people! Another way the economy has changed from the Olympics is that many people have lost their jobs and are getting less money as they did before. In the article, “As the Olympics Near, Brazil and Rio Let the Bad Times Roll” it states, “Teachers and the police have had their paychecks delayed. Those much-praised social programs have been cut back. Inflation is on the rise. So is crime. The state security budget has been cut. Just days ago, armed men attacked Rio’s largest public hospital, successfully freeing a drug kingpin. Plus there’s the Zika virus, which has hit Brazil hard. According to the International Monetary Fund, Brazil’s economy has slipped to ninth in the world, behind not only Britain and France, but also India and Italy.” Everyone in Brazil has lost lots and is losing more as it goes on. Brazil's gross domestic product has also dropped by 3.8 percent. Yes, but Rio’s Olympics have brought some improvements in public transportation. While this is true, many of Rio’s residents are cancelling their carnival celebrations because they cannot afford them in result of paying for busses because they cannot walk on the crowded streets of homeless