He believes capitalism has grown a little old. He believes that system is in decline. He believes nationalisations would not scare away foreign investors. He believes people would rush to buy his bonds. He believes he has the right alternative. Let beyondbrics introduce you Bolivia’s finance minister, Luis Arce Catacora (pictured).
“We are facing a structural crisis of capitalism. Capitalism is the old man around, an old man that is no longer responding to the advances of mankind demands. It is time for a change.” Continue reading »