Latin Lessons: How South America Stopped Listening to the United States and Started Prospering

Latin Lessons

In recent years, the U.S. economy has fallen on hard times, with persistently high unemployment, stagnant wages, and a fast-expanding national debt burden. At the same time, South America has been booming, with rapid economic growth, falling unemployment rates, and decreasing indebtedness. Is it possible that instead of telling Latin America what to do, the U.S. should be following their lead? In Latin Lessons, Financial Times correspondent Hal Weitzman explains how, after many...