Saturday, December 18, 2010

Welcome to the new Brazil! (just the same as the old Brazil)

At least, that's what Brazilians are expecting.

While the world gasped in shock'n'awe over the 87% approval rating garnered by President Lula in Brazil in his last month of office (e.g. Reuters EngLang report here), your author's eye was caught a little more by another survey response in the very same CNI/Ibope poll. This charts shows....


...what Brazilians expect from the new Dilma Rousseff government that takes over January 1st, with most expecting a pretty smooth continuation of things. And that's probably true about most domestic political affairs, but your humble scribe has the feeling that Dilma is looking to run the macro-economy at a different tack...starting with an attempt to depreciate the Real. We shall see, but we do wish Dilma the best of fortune.