Part Mises Institute, part Chicago School of Economics, part "InfoWars", and occasionally, a dash of Espritoic aphorisms.
Sometimes intensely heated, sometimes extremely humorous.  Oftentimes, even informative; always entertaining.
The Exchange Rate Predictions thread moves into yet another year of crystal ball gazing.

In the ERP 2011 thread, forum member GreatBallsoFire predicts a 3.0 rate to appear in 2012.
Yet member Dunga reminded us that (presently) the PT runs the show, and their economists state 2.30-2.40 is what will be best for the country.
Either way, both predictions are far better than the miserly 1.5ish-1.8something we've been experiencing for quite sometime now.


Omitting the all too plentiful 2012 Mayan Calendar-type predictions, here are some assorted predictions for 2012 (in no particular order)…..

Global 2012 Outlook (MorganStanley)

Brazil Economists See Faster Inflation for 2012 & 2013 (Bloomberg)

2012 - Things that will happen (Zerohedge)

Predictions for 2012: Economic Recovery (Telegraph UK)

Gerald Celente's Dire Predictions for 2012 (Youtube)

Four Top Brazilian Economists and Their Predictions for 2012 (Brazilian Bubble)

Five Economic Trends to Watch in 2012 (Council on Foreign Relations)

Top Economic Predictions for 2012 (Boston Globe)

Economic Predictions - Present (2012-2013) and Past (2008-2011)

The Future in 2030?   (Youtube)


So then fellow gringos, and gringas… what's YOUR prediction?!?

Oh yeah, I almost forgot gente… FELIZ ANO NOVO!!!


EDIT: 21/11/2012  Just now realized the youtube video at link above (Future in 2030) has been pulled.

Here's a similar version:  China Owns US?




Edited by Gringo.Floripa - 21 November 2012 at 21:46

  2.00 - 2.20  for   2012

Originally posted by BorisG I want to see it extend at least until 2020!

And may we ALL still be here Boris!  Older, yet wiser.  Still free to pursue our dreams... and openly express our opinions.  




Edited by Gringo.Floripa - 31 December 2011 at 15:26

It has been said that reported inflation in Brazil touching 2ish% of GDP growth is fabricated for the soap opera watching dummies. I think it is of particular interest that we see inflation. I have to admit it's been a while since I've been back in Brazil, and boy prices are up! And not just in Rio and SP, every major city people are claiming rising costs. And sorry folks it's not because of world cup and the olympics, silly-heads! The currency isn't really going anywhere and it has been in the 1.55-1.80 range for a few years now. What can we expect? I suspect a decreased portion of direct investment from foreigners!

1.9 on a good day! sorry fellas!

Originally posted by Gringodude I think it is of particular interest that we see inflation. I have to admit it's been a while since I've been back in Brazil, and boy prices are up!

The increases you're seeing have nothing to do with inflation, per se, and everything to do with the knee-jerk reaction everyone has when the minimum wage is going to be raised.

Originally posted by Gringodude 1.9 on a good day! sorry fellas!

We'll be sure to save some lenha for your roasting too GD!