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Brazil is suffering its worst economic crisis in its history. And that is being reflected in increasing numbers of people living on Brazil's streets. There's also a housing shortage crisis, and a crack epidemic. And all of this is combining to emphasise the inequality that already existed in Brazilian society. Right here on Avenida Paulista there are two worlds. There's the world above ground, where you have some of the biggest banks of the country. And there's the world below ground, where you have people smoking crack and living underneath the freeway overpasses.
So we're driving down Avenida Paulista, one of the main thoroughfares of Sao Paulo. Where you have a branch of the central bank and a lot of other big businesses that are represented here on this street. Some of the best shopping malls as well. Literally underneath Avenida Paulista, in a kind of a series of overpasses, you have a lot of street people. Many of them addicted to crack. Who are living within a stone's throw of the Safra bank.
In Sao Paulo you have a huge shortage of housing. And with the recession, also a big shortage of jobs. So we've now seen unemployment has gone up to about 12%. Three million people have lost their jobs just over the past year. So you're seeing an increasing number of people on the streets.
[SINGING IN PORTUGUESE]
[SPEAKING PORTUGUESE]
(SINGING) Baby, I love you so. I love you too-- Can fly. Don't make too low. And leave me to fly to you. Please don't go.
[SPEAKING PORTUGUESE]