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IMF warns Latam of ‘complacency’, leading to overheated economies

Wednesday, May 4th 2011 - 23:15 UTC
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Economic growth in much of Latin America remains strong, propelled by rising commodity prices, easy financing conditions, and stimulative policies. Growth exceeded 6% in 2010, and while it is projected to moderate to about 4¾% in 2011, the IMF says countries should remove the policy stimulus on a timely basis. Read full article

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  • ManRod

    This is so weird... Nicolas Eyzaguirre, the president of the IMF western hemisphere department you see above in the photo, he used to be a minister in Chile beginning of the 2000, so far, so good.
    But end of the seventies he formed a (well, lets say “leftist”) music group which was quite famous in Chile, it was called Aquelarre.

    30 years of difference and worlds apart of ideologies...
    Check out this, he did really beautiful music:

    http://www.youtube.com/watch?v=M8a7F7PhLQA

    (dont get scared about the guy you listen first, thats Pablo Neruda!)

    May 06th, 2011 - 12:34 am - Link - Report abuse 0

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