Yesterday I wrote to you about the pessimism within the Argentine business community. However, Argentine businessmen are not the only ones in a bad mood… The Chilean businessmen are also more than a little bit worried about the situation the Chilean economy is going through.

These investments of foreign capital, so valued and hoped for by the economy, are generating problems for Colombia since they affect the type of change required to impact the competitiveness of the Colombian economy.

The inflationary reality that we as consumers have been living for months may finally be starting to dawn on the U.S. Federal Reserve.

“And one of the sensitive Mogambo Economic Tremor Detectors (METD) shows that the apparent slowdown in Total Fed Credit for the past few months has now been revealed as a mirage, and Federal Reserve Credit has now ballooned another $6.1 billion…”