As The Future Is Presented In Latin America

As the future is presented in Latin America

Introduction

In the following text I plan to talk about the future of Latin America after the current pandemic crisis, what will happen?, What crisis can happen?, What will be of the economy/politics in the future? All this giving arguments from my opinion and nothing else, all this in order to reach a concrete conclusion and thus give a final "prediction" that makes sense. To understand more or less the crisis we are currently living we have to compare it with the only crisis at the level of this, and with this I mean the crisis of the 30s in the USA. UU. which left about 25% unemployment and a lot of bankruptcy or even closed companies. 

Developing

Because of this, several things were imposed such as: interventions on banks, sanctions on entrepreneurs, subsidy plans, prohibition of layoffs and different public works and services financed by high taxes of up to 79% (paid only for those who had more than 5millions of dollars). With this crisis explained we can move on to the current crisis, this economic crisis because of the pandemic was fatal for countries not only Latin American but for all countries in general, since they have had to paralyze trade, that and other factors have causedthat the GDP of several countries has dropped to 5.3% (that and other economy things that I don’t understand). 

That is why continents like Europe already has a common fund of almost 1.5 billion euros, however, this is almost implementing something in Latin America.

Now I will give my opinion. I believe that this crisis will not only have a great impact throughout Latin America but on the whole world and the consequences are not entirely bad, since quite good things have happened like pollution has decreased a lot or that the hunting ofAnimals have also decreased, although of course they are more bad things than good thousands of dead, a lot of unemployment and a lot of things that I already mention, but now this will really affect the future of Latin America? 

conclusion

I believe that because although European countries can recover economically for a Latin American country it will be too difficult, since, if countries like Colombia already had an unemployment rate of 21% before quarantine after this they will leave a lotWorse, or without going any further in Argentina, its economy was quite harmed due to its great external debt after this quarantine will be much worse. In conclusion, I believe that this crisis will affect the future of Latin America for the reasons that I already explained before and I really believe that Latin America will not return moderately "well" in a long time other factors such as corruption will prevent theadvance of this same.