Hank predicts Brazil's corruption crisis will be good for Brazil in the long term (2016)
prediction · status: unresolved · last event: predicted (2016-03-18) · owner: Hank
In March 2016, Hank predicted that Brazil's corruption crisis, bad in the near term, would be good for Brazil in the long term by showing that crooked politics does not pay.
About: Brazil, Operation Car Wash
| date | event | what | video |
|---|---|---|---|
| 2016-03-18 | predicted | Hank predicts the corruption crisis, though bad for Brazil short-term, will be good long-term because it shows being a crooked politician is not worth it. (hedged) | Brazil's Government is Falling Apart...and it's Good News? 00:09:31 |
What is said about it
9 statements, by date (the events above are the turns of the thread; these are the details).
- 2016-03-18 · Brazil's Government is Falling Apart...and it's Good News? — Hank's description says President Rousseff chaired Petrobras during the period of corruption, but no one knows whether Lula or she was involved or aware. — video description
- 2016-03-18 · Brazil's Government is Falling Apart...and it's Good News? — Hank says using the scandal to clean up Brazil must be done, but using it to score political points or gain power will rip the country apart. — video description
- 2016-03-18 · Brazil's Government is Falling Apart...and it's Good News? — Hank thinks there are many good things in Brazil's future, but its leaders will have to do more than fight for power: they will have to actually lead. (hedged) — video description
- 2016-03-18 · Brazil's Government is Falling Apart...and it's Good News? — Hank says the days of scandals ending in pizza appear to be over, for several reasons, the first being the massive scale of this scandal. (hedged) — 00:03:59
- 2016-03-18 · Brazil's Government is Falling Apart...and it's Good News? — Hank says Petrobras officials and the politicians who appointed them gave inflated contracts to construction companies whose CEOs kicked part of the overcharge back to them, which in the US is called graft. (hedged) — 00:04:23
- 2016-03-18 · Brazil's Government is Falling Apart...and it's Good News? — Hank says kickbacks grew with Petrobras under high oil prices into the largest corruption scandal in any democracy's history, billions of dollars; one man offered to return $100 million in bribes. — 00:04:56
- 2016-03-18 · Brazil's Government is Falling Apart...and it's Good News? — Hank says many people are going to jail and around a hundred current members of Congress, almost a fifth of it, are under investigation: this is not ending in pizza. — 00:05:26
- 2016-03-18 · Brazil's Government is Falling Apart...and it's Good News? — Hank describes Judge Moro as using lessons from Italy's nineties anti-mafia campaign, dealing with criminals, bending rules for public support and accepting adulation; Brazilians moved their love for Lula to him. — 00:06:28
- 2016-03-18 · Brazil's Government is Falling Apart...and it's Good News? — Hank says Brazil also has a deep, ugly partisan divide: nobody knows how involved Rousseff and Lula were in the Petrobras scandal, yet no one waits for due process before judging. — 00:07:06