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Friday, January 29th, 2016  |  USD: Buy 531.29 / Sell 543.92
20 years

Andres Oppenheimer: The fall of Brazil, Argentina and Venezuela


Editor’s note: The views expressed by syndicated columnists are not necessarily those of ICR News or its staff.
October 12th, 2015 -

The Trans-Pacific trade agreement signed last week between the United States and 11 other Pacific Rim countries will be another nail in the coffin of the populist governments of Brazil, Argentina, Venezuela and other countries that will be left even more isolated from the global economy — and poorer — than before. Once ratified by the…

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  • K Schnelle

    Yea, well, let’s see how good those trade agreements are when the USD goes down the tubes in the coming years. Although corruption is what may be hurting the current LatAm countries right now who did not sign up for it (and, oh, China, too) perhaps they (and their businesses) will be happy later. Only time will tell.

  • jahjan

    And this is why the TPP needs to be soundly rejected. It still has to be ratified so there is a chance it will not be.

  • zzzzz

    Oppenheimer is blowing hot air, as in right wing brain fart. He is fantasizing out loud about the impending doom of all populist governments. I think he wet himself writing that article.
    Other countries will continue to sell their crap to each other. I doubt the US will impose export duties on their stuff.
    Indonesia will sell lace underwear to Venezuela and Brazil will sell their Brazil nuts to Canada.
    Costa Rica has a free trade agreement with Canada did you know?
    Does it make a big difference? ………..head scratching……….head scratching……No, no it doesn’t because importing crap from Canada is not any easier than the US and the exemption you may enjoy on maple syrup and ice cubes wont amount to much in the structure of this economy.
    CR has a massive industry in the agencias aduanal and the whole customs thing in general and they may let in some crap here and there otherwise it is an industry in its own right and they reason that there is no advantage to letting in things untaxed

  • duke ster

    Ok Ok a little off topic in a way–The new Muslim Dictator Obama has issued a new decree-
    -No it’s not to behead all who won’t accept the “Mark of the Beast” ( meaning Islam),not yet anyway.
    He has issued a new decree that all pork will now and henceforth be eliminated from ALL prison menu’s.
    What decree will he issue next?
    He
    will declare that ONLY HE is capable of handling the new scary
    emergency which has befallen the land ( who knows what it will be but it
    WILL be HUGE, you can bet on that!
    There fore He will seek to stay in office and begin an unprecedented 3rd term, and of course the 4th and 5th and so on.

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