| Protestors: against the excess | ||||||
For all the talk of US slowdowns, Argentine crises and prudent spending-policies, there was little evidence of belt-tightening at the annual meeting of the Inter-American Development Bank (IDB) in Santiago in March.
The festivities began with a party at the local racetrack. Each of the 10 horses running was named after a currency. The unsurprising winner was Chile’s own Peso, the loser was Rupee, and Yen took off, riderless, in a direction all of its own.
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