Nothing goes well for Brazil: failed growth, rising inflation, scandals, Moody’s degradation of Petrobras, the country’s most important company. Such is the situation endured by the star of the BRICS - concept coined by Goldman Sachs ten years ago to characterize the new locomotives of the world economy: B as Brazil, R as Russia, I as India, C, of course, as China and S as South Africa, subsequently added to take into account the African continent. The concept did not survive the crisis. China is the only one to keep up its development, albeit at a slower pace. Retrospectively ...