A Brazilian with a Sudden Rip of the Wax

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Remembers BRICs? Seems quaint now, doesn’t it? Because the “B” part of that acronym – Brazil – looks like it’s heading straight for complete cataclysm, and the country’s ETF below simply cannot find a bottom. The only winners are Americans with their sweet, sweet dollars who want to head down to Rio to see what that can buy on the cheap.