Is South America really a safe place to invest?
Bolivia is in the news today because it nationalized some Spanish Power Company's assets. Argentina defaulted some 10 years back, and is still doing legal battle with bond holders. Venezuela nationalized foreign investments some years back and is fighting a 19% inflation rate. Brazil seems like a safe bet at the moment, but who knows?
Why would anyone invest there? Is this what people will be saying about the states in 10 years time?