MrWorldwide Posted May 11, 2013 Share Posted May 11, 2013 Peru, Paraguay and sub-Saharan Africa ? http://www.economist.com/blogs/graphicdetail/2013/04/daily-chart-12 For those less familiar with South America: http://www.worldatlas.com/webimage/countrys/samerica/southamericalarge.jpg I retain my skepticism re people touting Ecuador and Colombia as retirement destinations, and I would never consider Africa, but it's interesting to see countries other than Brazil and Chile charging ahead in S.America, even if it *is* easier to achieve those growth levels from a lower base. 8% growth in a small economy is still going to be miniscule next to a juggernaut like Brazil. The downside is that I would expect wages and prices to rise accordlngly, and I have no idea how bad corruption is in a country like Peru. As always, swings and roundabouts. I shall now remove my crystal balls to a safe place and await Naam's, er, your responses Link to comment Share on other sites More sharing options...
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