It's Sad How Bearish Economists Are Getting On Latin America
Sep 8, 2013, 00:40 IST
Brazil has had a pretty rough time since 2012. Even as GDP expanded 3.3% on the year in Q2, economists doubt whether Brazil can maintain this momentum.
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But turns out economists have been getting increasingly bearish on Latin America as a whole. Bloomberg economist Michael McDonough tweeted this chart of global GDP forecasts. And it clearly shows that economists have been downwardly revising their GDP forecasts for Latin America.
