Saturday, November 7, 2015

Latin America - the Long View

See a good overview article about the opportunities and challenges facing Lain America in the next decade, by Stratfor's Reggie Thompson for RealClearWorld. The good news is that the wave of leftwing governments - largely resistant to U.S. interests - is ebbing as their ability to undertake populist income transfers is damaged by slack Chinese demand for the region's commodity exports.

Venezuela is in a slow-motion meltdown that will end no one knows when. Argentina appears to be moving toward more economic realism, and the anti-corruption resistance to the Rousseff regime in Brazil continues. Chile needs to move back to economic policies first implemented under Pinochet, and Mexico will continue to outsource welfare to the U.S. via illegal immigration.

An intriguing thought: Ukraine suffers below-the-radar invasion by Russia's "little green men." In a similar fashion, the U.S suffers a below-the-radar invasion by Mexico's "little brown men." In both cases it is slow-motion aggression, an attempt to take over gradually enough not to provoke a massive countet-response. La Raza has actually bragged of this intention.