"While the percentage of indebted Brazilian families reached a new record at 80%, the reaction of a judge to the fear of losing the extravagant privileges of the bureaucratic elite has left the public stunned."
"Eight of every 10 homes owe money, according to official numbers, be it to the bank or another financial institution, to a telephone company or electricity utility."
"A third of people's salaries now go to pay off debts, translating into dramatic situations like having to apply for a credit line to pay off existing debt."
"81 million Brazilians are on the official list of debtors, with household indebtedness above $900 billion, equivalent to 35% of the country's GDP."
Brazil is experiencing severe inequality, with 80% of families in debt, prompting public outrage. A judge's comments about losing privileges shocked many, especially given her high salary. The debt crisis affects young professionals like Deborah Desa, who struggles to pay for law school while managing credit card debt. Family debt has surged, consuming a third of salaries. Statistics reveal 81 million Brazilians are debtors, with household debt exceeding $900 billion, highlighting the dire financial situation in the country.
Read at english.elpais.com
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