Just take Brazil as an example, trying to ship a $150 phone costs $200 in import fees (I tried recently)
Argentina multiple spouts of 100%+ inflation, makes trade extremely difficult
Chile under dictatorship from 1973-1990
Not saying they don't also get exploited, but I think a lack of capitalism and freedom makes them primed to be exploited
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Itβs obviously a mix of local corruption and mismanagement and socialism and tyranny AND foreign exploitation but the global lending institutions always prop up autocrats
Now we talking!