Over Half of Brazilians Don’t Expect Global Crisis to Hit Brazil

25 de Março St in São Paulo Of every four Brazilians three are aware of the international financial crisis, which is considered serious or very serious by 84% of those interviewed for the CNI/Ibope survey on the fourth quarter disclosed December 15, in Brazilian capital BrasÀ­lia, by the National Confederation of Industries (CNI).

However, to over half the population of Brazil (56%) the country will be little or not at all affected by it. This evaluation is a reflex of the perception of 43% of those interviewed that the country is more prepared for this crisis than it had been in the previous ones, despite 68% believing that this crisis is as serious or more serious than the previous ones.

According to the special chapter of the opinion poll, 75% of those interviewed knew of the crisis before answering the questionnaire. Another 23% said that the first time they heard about it was when the interviewer made the question (the remainder did not answer).

The researchers went into the field, in 141 cities throughout Brazil, between December 5th and 8th, and they approached 2.002 people. The margin of error of the research is two percentage points, up or down, and the trust interval is 95%.

To 35% of those answering, the crisis is very serious, whereas to 49% it is serious, 7% said that it is little serious and 2% said it is not serious at all. Another 7% did not know what to answer or decided not to answer.

In chapter "Perception of the Crisis", 46% of those interviewed believe that the international financial turbulence should affect the Brazilian economy little. Another 10% said that Brazil should not be affected. To 37%, the economy will be greatly affected (7% did not know or did not answer).

If the recent good economic conjecture made the evaluation with regard to the effects of the economy more positive than negative, it was not enough to keep Brazilians confident with regard to their personal condition.

Of those interviewed, 66% said that they greatly feared (24%) or had a little fear (42%) of being affected by the crisis. Another 3% answered that they have already suffered the impact of the crisis. One quarter (26%) of those interviewed said that they do not fear being affected by the crisis. (5% did not know or did not answer).

To 30% of those interviewed this crisis should be more serious than the previous ones and to 38%, it should be as serious as them. Another 21% of those answering said that it would be less serious and 2% said that it is not serious (9% did not answer or did not know).

Difficulties to pay already established debts were pointed out by 26% of those approached, and higher interest rates in the purchase of household appliances, vehicles or motorcycles were pointed out by 21% of them.

The loss of their jobs was the answer by 16% of those interviewed, difficulties in getting financing for home purchase was identified by 14% and the threat or risk of losing their jobs by 12%.

To 28% of those interviewed, the crisis should end in the second quarter of next year, 23% believe it should end in the first half. According to 13% of those approached, the crisis should end in 2010, whereas to 8%, it should end after 2010.



You May Also Like

Dialogue Is Dead, Say Brazilian Indians

Sluggish, aligned with contrary interests, and marked by inaction. These were some of the ...

Urban Man

Since the last census in 1991, the population of Brazil has increased by 1.6 ...

Fever Brazil Leads Stocks to New Record High

Latin American stocks continued their winning ways, with the Brazilian, Mexican and Argentine markets ...

Brazil’s Lula Is Not Afraid to Attend the World Social Forum in Venezuela

Brazilian President Luiz Inácio Lula da Silva is expected to participate in the American ...

Brazil Opens Gas Stations in Japan, First Step to Win Asian Market

Petrobras, the Brazilian state-controlled oil and gas multinational, has plans to open next year ...

Brazilian Market Volatile Mirroring the U.S.

Brazilian and Latin American markets ultimately finished lower on the day, after see-sawing between ...

Brazil’s National Referendum Challenges Privatization of Mining Giant CVRD

From September 1st to 9, social movements from all over Brazil held a popular ...

Brazil Gives Up Reaching Oil Self-Sufficiency This Year

Brazilian Petroleum S.A., Petrobras, intends to turn Brazil into a net exporter of petroleum, ...

Syria and Jordan Interested in Importing Food from Brazil

The director-general at the department of food purchases of the Syrian government, Mohsen Abdel ...

How High Interest Rates Are Killing Brazil’s Golden Eggs Goose

With a massive labor force and abundant natural resources, Brazil normally has offered a ...