I have decided to take a look and use a rather crude method to project where certain key performance indicators of how the economy is performing . The exchange rate is one such indicator as it is one of those that have the greatest impact of standard of living in Jamaica.
A look at the exchange rate projections gives a frightening picture how where the dollar is slated to be and the economic hardship that is likely to befall many of us, if this crude projection is realized.
Given the turmoil in the JLP the PNP is expected to going on winning for sometime to come and by the end of 2023, I am projecting the dollar will be at just over $200 : $1
Stay at your own peril.
Filed under: Economics |
Jay, I understand for those that can leave that is always an option. However, for the majority of people that cannot, maybe time for a revolution.
Murder is on track
The dollar is on track
External debt is on track
Guess what the entire country is on track, the problem is we are on the wrong freaking track.