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.
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.
The “New China?” Mexico has been there before. It led to the devastating Tequila Crisis and the bailout of foreign banks. But this time, it’s going to be different.
Intended to provide a sense of serenity and security for wealthy city dwellers, gated communities are sprouting like transgenic mushrooms around the world.
