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A tale of two populists

John Price | 
Latin America’s two largest economies are now governed by populists. Both Andrés Manuel López Obrador (AMLO) and Jair Bolsonaro are political renegades, promising to up-end the political status quo after a period of unprecedented corruption revelations and intolerable crime levels. Both leaders tapped into an angry sentiment that helped them stand apart from the mediocre leadership of established parties, the PT in Brazil and the PRI and PAN in Mexico. But the similarities end there. Judging by capital flows, the monied classes endorse Brazil’s Bolsonaro and worry about Mexico’s AMLO. Bolsonaro has a plan and the political support to pass […]
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