Argentina, Bolivia, and Brazil's economies are falling
The Wall Street Journal writes about this today
In these days of rapid change, it is good to know that some things remain the same. Argentina's hyperinflation is at the top of the list of certainties above 100 percent. Brazil has brought annual inflation below 6 percent but only by keeping the central bank interest rate at 13.75 percent, which Lula wants to lower as Erdogan did in Turkey. And Bolivia is ever closer to another economic implosion.