While Latin America is slowly turning its back away from populist policies, it looks like North America might give it a shot.
Argentina’s economic policy change has been in line with market expectations so far. However, the country will not be able to avoid the adjustment process resulting from Macri’s aggressive reform agenda.
Chavez’s 21st century socialism has failed, pushing Venezuela to the brink of a major humanitarian crisis.
Latin America will suffer a recession this year. This will not only have economic consequences for the next three years, but also transform Latin American politics, ending a decade-long division.
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