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Former Argentine economic minister Domingo Cavallo on the best places to invest in Latin America.
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Five basic parts one get us energy independent to open up more trade particularly in Latin America.
Down on China if and when they G.
You -- fed governor Romney the first debate with a pointed reference to Latin American trade -- investors.
Haven't been taking such references lightly as we have seen with a run up of -- stock since Romney endorsed coal power in the last debate.
Look at what has happened the coal stocks a big -- so.
Good Latin American investments get a similar boost.
And where to turn in an area that has burned investors in the past to better return to Ford vice -- a former Argentine.
Economic minister Domingo Cavallo.
Who joins us now good to see you again thanks for coming in service its Argentine let's start with Argentina which some people would say is a basket case right now -- president Kirchner.
Has very high inflation she only has about a 25% approval rating.
I don't think that's a good place to invest right now correct.
Push who are not in the next three years but.
I think that after two toast and fifty who we have a bit the government and the -- data for the time being of course is that what he said they had -- for about.
-- -- -- -- -- -- -- -- Except the ministry and of course you have big -- governments implementing video.
Putting -- let's start with the biggest of all which is Brazil which has has had a tremendous boost over the past couple of years.
The current president speaking of radicals like in Argentina she also was a left wing radical but you say is she's not gonna affect economic policy there.
No and I'll see -- implement didn't.
A -- born in fifty -- Of course.
I think that other countries which implement even bit them.
-- let's start with the first country that was just listed Columbia -- Colombia has always had a very close relationship with US businesses.
That of course took a big hit.
When the drug lords ended the Marxist guerrillas control the country but they've kind of been pushed back quite a bit have all you know about right now the at a.
AA and doing beta weighted and I think they -- one of the best place this -- -- base which is a Colombia's now of the debts place the last -- ever for best returns courtroom via -- Beetle Bailey -- -- took place.
And of course Mexico.
In -- there you know gave.
The center for countries that -- a free trade agreements we -- you an idea he's been that this -- would put them you know these shown data center bugs.
-- implement being inflation got to get -- he -- which they had.
They have broke down -- inflation boom you know 34% of most.
Gave in of course you have -- -- I think best -- which has sustained some.
It excessively but they can speak Gaiam they have and apple -- -- back.
I think it won't distract as you put of the unite this they would be too often countries they -- heated.
-- why make fatal again the post to be the appreciate you need -- -- negotiations that would be.
Big board photo deals countries but -- -- put the united state because that may give -- -- -- these.
They have to make -- we have to invite you back to talk specifically about Mexico we haven't -- Mexico but we do have news coming on the Citi front remember there is an analyst call coming in right now would Domingo Cavallo.
Former finance minister from Argentina thank you very much for coming -- -- everything right and --
