Latin America still growing, but fiesta is over - Andres Oppenheimer - MiamiHerald.com →

What’s much more worrying, frustrating, and ominous, is that with a few exceptions — such as Chile, and to some extent Brazil — most South American countries have been wasting their commodity exports bonanza in a consumption fiesta. Instead, they should be using their extra income to improve their disastrous education standards and become more competitive in the global economy.