The FIFA sponsored World Cup of soccer in Brazil has imposed enormous social costs on the Brazilians. Now with the humiliating loss to the German team, Schechter wonders if the Brazilian ruling class may have counted too much on a Brazilian win to assuage public discontent.
The World Cup has spilleth over. With the FIFA spectacle about to pack up its goodies—most of their lucre has already been wired out of Brazil—...the “host” country now tries to cope with its financial losses, intensified social conflicts and humiliating defeat at the hands of the Germans....