HC

[Plane]

Countries like Ecuador under President Rafael Correa and Bolivia under President Evo Morales are already in the Chávez camp. But other investor-friendly countries like Brazil, Chile, Colombia, Peru and Mexico could lurch to the left if a slump in global commodity prices saps economic strength in the region -- creating higher unemployment and political unrest.

but..............................

Second, the wealth from commodity and energy sales has built up the region's economic strength and spread to other sectors. "We are aware of this Chávez wave taking hold, but what strikes me more is how healthy the rest of the region is," says Reynal. "Inflation and debt levels are under control, interest rates are falling and economies are thriving."

[The_Professor]

so, basically, as long as they are economically strong, then Chavez doesn't gain much traction?

I do my part. I do not get gas at Citgo.

[Plane]

so, basically, as long as they are economically strong, then Chavez doesn't gain much traction?

I do my part. I do not get gas at Citgo.

http://articles.moneycentral.msn.com/Investing/CompanyFocus/GlobalInvestorsBewareHugoChavez.aspx?GT1=9215


Pardon me for not remembering to include this link.


With the value of oil rising Venezuela's economy might prosper even if managed rather poorly ...

but....

What Hugo Chaves is doing is very likely to harm his country's economy , already smart investors are getting shy .

But HC can use the resulting problems as proof of Yankee persecution , it is a win -win situation for him.

I don't buy gas at Citgo either , but this is not likely to harm Hugo Chaves much ,oil is  nearly as fungable as cash is.