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Jair Bolsonaro's economic policies were the focus of this section of a video discussing the Brazilian economy. The speaker noted that despite Brazil having one of the lowest GDP growth rates, it had the highest tax revenue to GDP ratio among the BRICS countries. Bolsonaro's government is one of the most expensive to run in the world, significantly outpacing the costs of the United States and second only to the United States in terms of subsidies. The speaker discussed Bolsonaro's campaign promises, which included a reduction in government spending, reform of the public pension system, reduced taxes, and privatization of state-owned enterprises. The speaker also talked about Bolsonaro's background as a military officer and his use of social media to campaign for office. The speaker concluded by examining the impact of Bolsonaro's policies, noting that inflation has increased significantly and that the Brazilian economy is experiencing a recession.
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