Wednesday, October 01, 2008

Latin American Reaction to U.S. Financial Crisis

The fact that our financial woes in this country will impact the entire globe is undeniable, but many Latin American nations may be feeling particularly nervous. The U.S. is the largest trading partner for the vast majority of these countries, so already shaky economies may be even more vulnerable if recession hits hard here.

A brief roundup of reactions from the region:

Nicaragua

Mexico

Colombia

Venezuela

Brazil

Argentina

Chile

The Chavez contingent decides to say "I told you so."

Good macro-level take from the Washington Post.

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