While much has been written about the fact that Latin America’s rapidly growing economies are largely immune to US financial woes, President Obama’s deal with Congress to avoid a US debt default will have a negative impact throughout the region.
Granted, the consequences would have been much worse if the US government had failed to reach an agreement — even a bad one, as the one it reached — and the United States had lost its AAA credit rating.
Still, the US debt agreement, scheduled to cut the