Vasabjit Banerjee: The idea that it's all going to be 1973 again for the U.S. in Latin America is delusional. China's not going anywhere economically. The manufactured goods it exports to the region and the commodities it imports are not ones the U.S. can easily substitute. Then there's 30+ years of proper democracy.

The idea that it's all going to be 1973 again for the U.S. in Latin America is delusional. China's not going anywhere economically. The manufactured goods it exports to the region and the commodities it imports are not ones the U.S. can easily substitute. Then there's 30+ years of proper democracy.