I've done business with Lat Am quite a bit over the years. The...

I've done business with Lat Am quite a bit over the years.

The currencies can be very volatile.....

Also since the GFC Lat Am has been flooded with cheap spec money from the US and other developed countries.

That combined with the resources boom has seen Lat Am economies grow strongly....but it won't last.

Both those factors are now on the way out.......

Which is why I won't be investing in LAA ...even though I'd love to just for the fun of it!