The global financial crisis of 2008 barely grazed the Brazilian economy and may have been little more than a slight jolt for certain industries and areas of activity. But those that had been expanding with sizeable investments, like the sugarcane industry, were affected much more drastically by the dramatic loss of liquidity that year.
![Should we punish or promote ethanol?](https://www.sugarcane.org/wp-content/uploads/2020/12/BI_02.png)