The following article from “The Economist” titled “The great deceleration” addresses the economic slowdown that is occurring in South American economies. See the following web address:
This article addresses a number of issues, including the role that agricultural commodity price inflation has played in past growth of South American economies, and what might occur in the future in that same regard. The article hints at the economic uncertainty and problems that may occur in these economies as populations in South America are forced to lower their standard of living. In a big picture view, these trends are of great importance to U.S. agriculture and commodity markets.
“The economy of South America” (Source: http://www.voyagesphotosmanu.com/south_america_economy.html)