Whereas otherspredicted that world events would tip Brazil into recession, Lulareckoned that the crisiswould amount to nothing more than a small tide breaking on his country's beaches.
The Environment Agency in Devon said the morning high tide had not been as bad as predicted and had passed without major incident, though there had been minor flooding around the coast.
However, as a high tide of 9.6m (31.5ft) was predicted for Thursday evening at 21.25 BST and even higher tides for the end of October, permanent repairs have not yet been arranged.