Opportunity for Latin America? — MercoPress

... the new liquidity, as could be expected, could be creating a bubble in these markets, as happened in the first half of 2008 when liquidity abandoned the United States real estate market and turned to commodities. ... Except for a few of them - Venezuela and Bolivia, for instance - most have been relying on domestic consumption and investment to spur growth. It is known that, in spite of this superficial talk of commodities boom, most Latin American economies have ...

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