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Latin America, not South-East Asia, will be the world’s economic powerhouse

Latin America, not South-East Asia, will be the world’s economic powerhouse (The following article was written by Rafael Salazar and was published in The Huffington Post on 3 February, 2016) In today’s post-recession, cost-competitive environment, Asian countries like India and China have positioned themselves as the natural heirs to U.S. economic dominance. However, as Americans and Europeans look east, fretting about China’s economic outlook amidst rising debt, stagnating wages, and excess supply…