Nikolas Ferreira: And it's an absurd number.
Nikolas Ferreira: 82 million Brazilians are in that situation.
The deficit of the state-owned companies is 5.9 billion through April and exceeds the whole of 2025.
Nikolas Ferreira: Even with the cut, Brazil has the highest real interest rate on the planet.
Nikolas Ferreira: In other words, food stays expensive, interest rates stay high, the government keeps collecting more and more and continues to close its books in the red.