And how his downfall is mirrored in Brazil’s current troubles.
President Enrique Peña Nieto can no longer keep up the pretense that things are on the up – not since the disappearance of 43 trainee teachers from Iguala.
Resistance not only from certain quarters of the largely disenfranchised public but also from the least likely national governments.
It makes an already terrible situation a lot worse.
When you conduct your financial affairs as loosey-goosey as Argentina, no one will lend you money. Then – gracias a Dios! – you’re forced into solvency.
Peña Nieto’s government excels at selling its message abroad and controlling its PR with an iron fist. But at home, reality is not so great.
If you saw Argentine President Cristina Fernández de Kirchner’s Cadena Nacional, her state of the nation address, you’re likely wondering what the hell that was.
Mexico is subject to the whims of oligopolies run by a small coterie of hyper-connected individuals who now effectively own the country.
You know that soul-shattering moment when reality hits? That’s what I felt when it was announced that Cristina Fernandez de Kirchner was to meet with George Soros.
This country will get worse before it gets better.