Massive Brazil Protests: Hundreds of Thousands Demand President Rousseff Resign

Protesters in 16 Brazilian states and the capital took to the streets of Brazil today demanding the resignation or impeachment of Dilma Rousseff. They are upset over inflation, austerity, and Rousseff’s involvement in the Petrobras scandal.
For background, see my March 5 post Brazil Succeeds Beyond Wildest Dreams in Winning “Currency War”
In every Brazilian state, people have had enough, Hundreds of Thousands March in Brazil to Protest Rousseff.
The largest protest occurred in Sao Paulo, with 240,000 people as of 2:40 p.m. local time, according to its military police. Protests occurred in cites of 16 states and the federal capital, according to O Globo website. Its TV network reported 45,000 protesters in Brasilia, 20,000 in Belo Horizonte, and 20,000 in Belem, citing the military police of those cities. No violence or vandalism were reported.

This post was published at Global Economic Analysis on Sunday, March 15, 2015.