Monday, February 11, 2013

Krugman Blows It On Brazil, Also

Brazil inflation rate has hit an 8-year high.

Price increases in January came in at 0.86%. This is the highest since January 2003In the last twelve months to January 2013, price inflation was 6.15%.

This was Krugman in May, last year:
Just to be clear, I think Brazil is going pretty well, and has had good leadership


  1. Yeah, but by HIS metrics, that's a GOOD thing.

  2. LOL - Argentina, Brazil, and "cops are a public good so the people don't need to be armed." This week has been about as humiliating for little Krugie's predictions since he begged for the Fed to create a new housing bubble.