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Some Latin American Markets Show Profit Potential in the New Year, While Others Pose Risk
The “right” Latin America will thrive in the New Year, fueled by ts own growth – with an assist from the continued hot growth from China – while the “wrong” Latin America will get left behind.
The second phase of emerging markets expansion is well on its way – a period of self-sustaining growth, driven by consumer growth and infrastructure spending. And Latin America, following China and other Asian economies, is one of the key global pillars of growth that will save the global economy and the U.S. financial system from total collapse. But not all the countries in Latin America…
31Dec2008 | Money Morning | 0 comments | Continued
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