Renan Santos: And that's not what happened; they all ended up in the informal sector.
Renan Santos: Kim, like me, tried to warn everyone with the rational arguments that Brazil will become poorer, and that all the research on the subject shows it will be bad for workers and bad for employers.
Especially small business owners, the manicurist, the owner of the hardware store.
Renan Santos: the owner of the small restaurant, all the middle-class people who will become even poorer or perhaps will have to close their businesses.
Renan Santos: But Erika Hilton and Nicolas don't care, because Erika Hilton and Nicolas are clever.