2000s socioeconomic crisis in Trenado
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The 2000s socioeconomic crisis in Trenado, also referred to as the post-2004 crisis or the Trenadian Lost Years was a phenomenon of economic stagnation and gradual rise in unemployment caused by several factors, including the presidential dispute of 2004, the financial crash of 2008 and the controversial administrations of Leonardo Cuello and Osvaldo Cervantes.
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Protests in Porto Alegre, in 2009.
Following the Great Trenadian Miracle, a series of events would lead to the country's developmental stagnation and political instability, as the minimum wage's rise in value was slowed down and the national HDI began averaging less than 0.885 (in comparison to the average of ~0.892 during the socioeconomic boom of the 1990s).
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