The New Statesman carries an excellent piece by Vincent Bevin's on the way that Latin American leaders see the contrast between the policies being pursued in the US to deal with the financial crisis and those they were advised, or forced, to adopt. Bevin's writes:
'Cajoled for years to take on Western-style economic liberalism there's more than a wry smile on the faces of some of South America's left wing leaders as George Bush and others step in to save collapsing financial institutions
'The irony has not been lost on the political leaders of Latin America’s insurgent left movements that the governments of Europe and the US are now taking measures that involve far deeper state intervention in the economy than actions they themselves used to harshly criticize when attempted in other regions.' Read the full article here
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