Look at this -- they didn't even wait to get the results in.

[EFerrari]

This was posted on Sunday:

Latin America needs to avoid social upheaval
BY ANDRES OPPENHEIMER
[e-mail]

New estimates from the World Bank predict that the world financial crisis will produce six million new poor people in Latin America this year, triggering a new fear -- that, in addition to economic stress, we may see social explosions in some countries.

I heard this fear expressed several times last week in separate interviews from Sao Paulo with former President Fernando Henrique Cardoso of Brazil and former President Alejandro Toledo of Peru, who were presiding over a meeting of more than a dozen former heads of state from the region.

Both agreed that many of Latin America's current leaders are minimizing the possible impact of the world crisis on the region.

Cardoso, the two-time president of Brazil who started his country's recovery, told me that few in his nation believe the current government projections that Brazil's economy will grow by 4 percent this year. Most economists predict 0.8 percent growth.

http://www.miamiherald.com/news/columnists/andres-oppenheimer/story/950630.html