One thing should be made clear - #Brazil has a lot of (inexcusable) social problems, but no one would argue the World Cup made them *worse*
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@asteris@willcarless Oh trust me, this is all going to be analyzed VERY carefully. People are going down for this. -
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@willcarless@asteris BNDES is the treasury. It's the government. They are subsidized loans, but they are loans, so a majority comes back -
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@Vinncent@willcarless on#WorldCup finances. -
@asteris@Vinncent No bigger scam that municipal finance. Check out this one in California: http://voiceofsandiego.org/2012/08/06/where-borrowing-105-million-will-cost-1-billion-poway-schools/ …
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@willcarless@asteris *initially* it was all supposed to be public -
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@willcarless@asteris I'm so baffled by what you just wrote that I'm gonna stop right here -
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@willcarless@asteris Revenue stream for the treasury is taxes. -
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