2min chapter

Know Your Enemy cover image

UNLOCKED: A New Pink Tide? (w/ Thea Riofrancos & David Adler)

Know Your Enemy

CHAPTER

What Caused the First Period of the Pink Tide to Recession?

The end of the commodity boom from earlier in this millennium, righte. High prices for raw materials that latin american countries are key exporters of. Government coffers flushd with money and able to spend money on social spending or public infrestruction. The region is super embedded in a global commodity market,. So when those commodity markets have a down turn, unless there's been some makro stabilization, you know, to deal with that, you're going to have a recession basically.

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