In this presentation at the Money, Metals, & Mining Virtual Expo on 24 August 2021, I discuss where Latin America is going and what political instability, constitutional change, socialism, and social turmoil mean for investors and commodity markets.

The presentation examines Chile, Colombia, Brazil, Venezuela, and the wider region, asking whether Latin America can escape its cycle of political decay, economic mismanagement, and institutional weakness—or whether the “Venezuelan disease” will continue to spread.

Watch the full discussion below:

Key Takeaways

• Why Latin America’s political direction matters for investors and commodity markets
• What constitutional change in Chile and social turmoil in Colombia reveal about the region
• How the Venezuelan model spreads through bad incentives and repeated policy mistakes
• Why Brazil’s future is crucial to understanding Latin America’s economic prospects
• What instability in commodity-producing countries means for global supply chains