Debt in Brazil: study points to high burden of interest and little effect from betting
According to the analysis, the sector has not caused a debt crisis, accounting for only between 0.2% and 0.5% of household consumption and 0.1% to 0.3% of the national GDP. Brazilian families spend around 30% of their income paying off debts — and this figure does not include current housing costs. What is the impact of…

