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Thanks in large measure to policies of the International Monetary Fund, World Bank, and Inter-American Development Bank, virtually all of our hemispheric neighbors are bankrupt and hopelessly mired in debt. Unfortunately, the IMF-WB-IDB policies that have caused the social and economic havoc in these countries have been falsely billed as "free market" reforms. Not surprisingly, this has discredited genuine free market reforms and driven many of the disenchanted and desperate into the arms of the Castroite Left. The following capsules provide a troubling look at disturbing political developments in some of the countries south of the border.
Argentina: The fourth ...