Taken from Editorial: http://www.miamiherald.com/2011/08/03/2344192/latin-america-not-immune-to-us.html
The Latin American economy has been taking big hits ever since the downgrade of the U.S credit rating, not only have exports slowed down but foreign aid that some Carribean nations rely on has been halted, slowing down economic progress in impoverished nations. These problems end up cycling back to the Untied States which relies on Latin American goods like sugar, and raises the prices of both production and consumption in the sugar "ecosystem". So, in order for the United States to not hit another recession, it is imperative that they continue trade with Latin America, as they provide a stable source of trade.
The Latin American economy has been taking big hits ever since the downgrade of the U.S credit rating, not only have exports slowed down but foreign aid that some Carribean nations rely on has been halted, slowing down economic progress in impoverished nations. These problems end up cycling back to the Untied States which relies on Latin American goods like sugar, and raises the prices of both production and consumption in the sugar "ecosystem". So, in order for the United States to not hit another recession, it is imperative that they continue trade with Latin America, as they provide a stable source of trade.
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