What we don’t hear: Bolivia was adding to its international currency reserves to the tune of $250m a month at this time last year. So let’s just assume that Bolivia doesn’t move over the excess to its (already all time record) reserves this year; that would mean Bolivia has more than enough money coming in and doesn’t have to feel the pinch on a day-to-day basis, this at a time when nearly every other LatAm country is taking money out of its reserves to fund programs.
Bottom line: Expect people with less than half a brain to “raise questions” (a lot of them get featured at the HACER hatemonger’s website). Expect Bolivia not to worry. Also expect Bolivia to get through 2009 far better than those truly exposed to this world recession.