🇧🇷 Brazil Gambling Debt Crisis

Days before Sunday’s presidential election, President Luiz Inácio Lula da Silva banned online gambling in Brazil, according to the report. The issue is hanging over the election as record-high debt is upending millions of lives.

A last-minute ban this close to a national vote points to reactive governance, not control. When debt reaches this scale, it creates fertile ground for predatory finance, informal networks, and criminal exploitation that state institutions often fail to contain.

🔎 Source

☠️ Blood Meridian